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All Forum Posts by: Praveen Cherian

Praveen Cherian has started 8 posts and replied 18 times.

I am a landlord and due to special circumstances need to move into the house we are renting to a tenant. Lease was recently extended. The way the original lease was setup allows the tenant to terminate the lease after the 1 year with 60 day notice. So tenant could terminate anytime during the lease extension period. However as a landlord I do not have any such language in the agreement. Any suggestions/recommendations?

Requesting experienced apartment rehab folks to share with me any proposal templates used to present to investors / banks to get approval. I am looking to get approval from lender/city for a 20 unit apartment

thanks

Post: Landlord rental policies in Michigan

Praveen CherianPosted
  • Posts 20
  • Votes 1

I have a portfolio of rental properties and have not really shopped around for a competitive quote. Currently with Allstate. Any recommendations from other landlords on your landlord policies shopping. Looking for recommendations on competitive insurance companies and agents.

Thanks in advance

Post: Elevator Installation

Praveen CherianPosted
  • Posts 20
  • Votes 1

@Brian Pulaski two quotes came in 225K Range for 4 floors lift

@Kere Jenner please share their contact details. Thanks

@Benaiah Grimes hi did you get an answer? I am looking for one as well

Thanks

@Kenneth Garrett 40-50k per floor or total cost?

@Greg Cochran please send me your experiences related to elevators. Inbox me.

Please Thanks

Post: Elevator Installation

Praveen CherianPosted
  • Posts 20
  • Votes 1

@Steve Smith I was told by a contractor to budget 30 to 50k per floor. Not sure if this is accurate

Hi, I just purchased a 4 story apartment building that requires full rehab. It comes with an elevator. My partner and I have estimates for unit rehab but need some guidance from those who have experience with elevators. Would appreciate any experience feedback on cost to fully restore or replace the elevator.

Thanks