All Forum Posts by: Nick Mace

Excellent!  Thanks! 

How do you guys serve your notices to vacate in NH?  Certified Mail/In-Person/Leave it in the door/etc..? 

Thanks!

@Joe Splitrock  Thanks Joe.  That's pretty much dead-on with my gut/way of usual business.  Here in NH, it's all one process.  Your "Eviction Notice" is your 30 day notice to quit (for reasons other than non-payment, breach, etc..).  After the expiration date (min. 30 days) you move to the writ stage, which starts the litigious process of the eviction (what I understand to be the "eviction notice" of most other states).  In other words, if I just had a conversation with them to give them 30 days notice, and they ignored it.  I then need to start over with an eviction notice, and another 30 days before I can do anything in the way of removing them.  So, it just makes more sense to give them the notice using the official form to cover your bases.

Unfortunately, yes. It's an FHA house-hack, so I'm living in one, and the other three are all involved in the same renovation (swapping BRs for a more practical/rentable layout). I've factored 3 months vacancy into the project, but I'll be able to get about $800/month more in rents doing the reno, so it's worth it in the long-run.

Thanks for the insight Scott.  It sounds like there's more of a chance tenants will just delay-delay as long as they can, than to do any kind of retaliatory damage to the premises for a short notice (and that the one's who would damage, would also be the ones who would be delaying anyway).  So, if that's the case, I think the 30 days is definitely the way to go.  I'll just need to check with my lawyer on whether giving them an extension beyond that (if needed) could trigger the eviction stay here in NH, but I can cross that bridge when I get to it.

Hello:

I've just closed on my first IP (4-unit) in New Hampshire.  I need to do some renovations/updating that requires vacating all the units, and I'm wondering what a fair amount of notice would be to prevent the current tenants from doing damage/delaying things further.  They are M2M, so I need to give them 30 days per law, but they are currently paying 60% of market value.  So, I'm essentially hitting them with a pretty big (although shouldn't be a shock) blow to their budget.  In a perfect world, the sooner they're out, the better.  And I have no reason/insight (other than the fact they're currently grossly underpaying) to believe they wouldn't respect a 30 day notice.  But, in a practical world, I don't know them from a hole in the wall or what they're capable of, and would like to avoid any potential retaliatory damage, or even forcing a legal eviction onto their records due to true market sticker-shock/lack of savings.  My thought is to give them a 60 day notice, (I'm not even sure I can get a contractor in there much before that).  But, I'm curious about other's experiences with these situations.  Should I take the cold-hearted (but better for me) "hit the bricks" approach, or give some extra time, to hedge a risk that may or may-not be real?

Hello!  First time poster, long time reader...

I'm doing a 203k (limited) on a 4-unit multiplex for BRRRR. I'd like to keep my out of pocket as low as possible, but don't want to shortsightedly sacrifice value adding improvements. So, this is essentially an old Victorian that was converted to a 4-plex. Between 2 first floor units (front and back) is a standard interior door, with opposite facing deadbolts. I want to address this mostly for perception of privacy/safety reasons, as well as noise mitigation. My question though... is it beneficial to replace it with a better door (for future re-configuration flexibility), or to just permanently seal it off? If I were to seal it off, the plan would be to use the resulting alcoves created from the current hallway for in-unit laundry (a big plus in this building's rental market). A caveat to the laundry idea is that, while the electric has been split off, the heat and HW has not. Though, the plan is to separate the remaining utilities, I'm not sure there's enough in the 203k(L) budget to do it now. But, worst-case.. another storage closet in the meantime I suppose.