All Forum Posts by: Sam Waitkevich

Alex Verdugo

He was a month to month tenant, and I closed on the property on November 30th, and gave him a notice to quit that same day. In MA you need to give a TAW a full rental period notice that you are not renewing their agreement, which I did, but with COVID things become more complicated. 

@Jonathan Bombaci

Thank you! And I would be interested in your attorneys contact info.

I did not give him any money, the only money I am out is the rent for December and January. It does seem that his plans are to continue not paying though. 

I recently closed on my first multi family property in Worcester MA. I purchased it with an owner occupied loan, and the property was sold to me fully rented. My second floor tenant is a TAW, I closed on November 30th 2020, and that day issued him a notice to quit that I would not be renewing his month to month agreement. Being close to the holidays and with covid going on I also offered him $2000 and not to pay rent so he'd have extra money to find a new apartment. Per my loan agreement I need to be living on the property within 60 days, here where are a the end of January and he know has changed his mind and decided not to leave the property and also not to pay rent. His job has not been affected by covid and paying rent is not an issue for him. Is there any legal action I can take to get him out of the property? None of our agreements where in writing it was all verbal, a definite mistake on my part.

@Kate Barry

I think it helps to try and remove emotions from the process as much as possible. I started my search a year ago with the same goal of house hacking a multi family. I got hooked up with a great realtor and checked out a ton of properties, made great offers, and got rejected on nearly 20+ offers. Finally got an offer accepted and closed at the end of November of 2020. There where definitely a few properties I was very excited about and could not believe my offers got beat! But with good people around you and a positive outlook it’ll work out. The only way to not get your next property is to stop making the offers.

@Greg Scott

So will Biden’s plan override any state eviction holds? I live in Massachusetts and currently our eviction hold ends at the end of January. I recently closed on my first 3-family and I was planning on getting my third floor tenants out.

I actually just purchased my first 3-family using a Masshousing loan, with the $15k down payment assistance. I purchased in Worcester ma, my lender said I was near the income limit (I made roughly $95K last year) but I did end up qualifying. My lender did not give me specifics on what the income limit was, I could give you his contact info if you'd be interested. 

I'm a new investor,I've been trying to get into this crazy MA small multi family market and was looking for any meet ups or events where i could network and just learn as much as possible.