Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Sandeep Singh

Sandeep Singh has started 8 posts and replied 11 times.

Post: Rental Property Repair Attleboro Area

Sandeep SinghPosted
  • Investor
  • Plainville, MA
  • Posts 11
  • Votes 1

Good morning All,

I am repairing my new rental property and was looking to buy following items . As this is rental property I want to buy something which is reasonable but good quality product. Any recommendation/advise from landlord in Mass like where to buy

1) Carpet

2) Doors

3) Kitchen Cabinet

4) Tiles

Thanks

Sam

Post: need help in Eviction

Sandeep SinghPosted
  • Investor
  • Plainville, MA
  • Posts 11
  • Votes 1

Hi All,

I live in Attleboro MA and was looking for some reasonable attorney to evict my tenant for not paying rent on time and now forcing me to extend the lease or won't move out.

Please let me know if you know some attorney / friend who can help me on this

Thanks

Sam

Post: Boston, Massachusetts south shore meet up

Sandeep SinghPosted
  • Investor
  • Plainville, MA
  • Posts 11
  • Votes 1

Please count me in

Post: Looking to build a buyers list in Metro Detroit

Sandeep SinghPosted
  • Investor
  • Plainville, MA
  • Posts 11
  • Votes 1

Please reach out to me and we can talk

Post: Non Payment of Rent in Mass

Sandeep SinghPosted
  • Investor
  • Plainville, MA
  • Posts 11
  • Votes 1

Hi All,

My tenant is always late in paying rent and I have served her/him with 14 days notice to quit. What is my next step in the process and when should I take it

Thanks

Sam

Post: Help on Bank Owned Property

Sandeep SinghPosted
  • Investor
  • Plainville, MA
  • Posts 11
  • Votes 1

Hi All,

I have signed a purchase and sales agreement for Bank Owned property and my rate with bank is locked and got expired on 10/16/2015.

For extending the locking rate mortgage company is asking $140 for week and I am ready to close the deal but bank is saying "Trustee of Condo Association" is not giving them 6D certificate because trustee (2 unit condo, I am buying 1 unit and the other unit owner is trustee) is not ready to sign Master Insurance policy because he is claiming that he paid master insurance for last 1 year and wants to get paid before signing any document.

Generally master insurance in that area costs around $1000.00 but Trustee (other unit owner)  is saying that his master insurance policy costs him $4400.00 because previous owner claimed too many incidents on property.

Trustee is also not willing to share insurance policy and invoice with bank (he is sending all invoices for master insurance by handmade and not ready to share actual invoices from insurance company) and bank wants to pay him on actual invoice and not invoice made by him. Looks like he is trying to make insurance document and wants to collect more money then he paid.

I also requested bank and condo association to give me loss run report on condo so that I can shop around for better master insurance and since bank name is in trustee list , insurance company doesn't want to share loss run report with bank and they have send all report to trustee (other unit owner).  Other unit owner is not willing to share that report with me or bank.

Due to above problem we have extended closing date 2 times (almost 3 weeks) already and now I have to pay rate lock fees.

Interestingly other unit owner listed his property also for sale just 3 days back. I am not sure what he is trying to do.

The bank attorney is trying very hard (thats what they are telling me) to deal with this guy and he is not co-operating with Bank and there attorney and in the whole process I am stuck.

It is really bizarre situation and have never come across this before. I am not sure what he is trying to do.

My realtor and some people are telling me either he is trying to

1) Block my deal

2) He is trying to make money from me and bank on master insurance by giving wrong handmade invoice (may be $2000.00 more).

Any advise for me as a buyer

Thanks in advance

Post: Finding Difficult to close Bank Owned Property

Sandeep SinghPosted
  • Investor
  • Plainville, MA
  • Posts 11
  • Votes 1

Hi All,

I have signed a purchase and sales agreement for Bank Owned property and my rate with bank is locked and got expired on 10/16/2015.

For extending the locking rate mortgage company is asking $140 for week and I am ready to close the deal but bank is saying "Trustee of Condo Association" is not giving them 6D certificate because trustee (2 unit condo, I am buying 1 unit and the other unit owner is trustee) is not ready to sign Master Insurance policy because he is claiming that he paid master insurance for last 1 year and wants to get paid before signing any document.

Generally master insurance in that area costs around $1000.00 but he is saying that his master insurance policy costs him $4400.00 because previous owner claimed too many accidents on property.

He is also not willing to share insurance policy and invoice with bank (he is sending all invoices for master insurance by himself and not ready to share actual invoices from insurance company) and bank wants to pay him on actual invoice and not invoice made by him. Looks like he is trying to forge insurance document and wants to collect more money then he paid.

I also requested bank and condo association to give me loss run report on condo so that I can shop around for better master insurance and since bank name is in trustee list , insurance company doesn't want to share loss run report with bank and they have send all report to trustee (other unit owner).  Other unit owner is not willing to share that report with me or bank.

Due to above problem we have extended closing date 2 times (almost 3 weeks) already and now I have to pay rate lock fees.

Interestingly other unit owner listed his property also for sale just 3 days back. I am not sure what he is trying to do.

The bank attorney is trying very hard (thats what they are telling me) to deal with this guy and he is not co-operating with Bank and there attorney and in the whole process I am stuck.

It is really bizarre situation and have never come across this before. I am not sure what he is trying to do.

My realtor and some people are telling me either he is trying to

1) Block my deal

2) He is trying to make money from me and bank on master insurance by giving wrong handmade invoice (may be $2000.00 more).

Any advise for me as a buyer

Thanks in advance

Post: Seller is not disclosing loss run report

Sandeep SinghPosted
  • Investor
  • Plainville, MA
  • Posts 11
  • Votes 1

HI All,

I am in process of closing a deal on Oct 16 but unfortunately master insurance cost is 4 times what it should be ($1000 vs $4000). I requested for loss run report from my (buyer) agent, buyer attorney , seller agent and they are saying it has nothing to do with purchase of this property and even though if I don't get that I have to close the deal or I can loose my ofter and P&S amount deposited. They are not in trustee of condo association and the owner (2 unit property) is saying he doesn't feel comfortable to ask insurance company for same otherwise insurance company might feel he is shopping around.

How to proceed in this scenario

Thanks for your input and help

Sam

Post: Need help and advise in Mass

Sandeep SinghPosted
  • Investor
  • Plainville, MA
  • Posts 11
  • Votes 1

Hi All,

I have office building in Brockton MA for which contractor started a job to convert electric heating into Gas. The project started in June and so far it is not complete. In last 3 month he worked less than 12 hours. In the inspection It got rejected for plumbing issues and was passed for Gas and electricity. Now he keeps saying he is busy and not completing the project.

1) Can somebody knows good contractor who can finish job.

2) I already paid this guy money so what can I do to recover the money .

Any help will be highly appreciated

Thanks

Sam  

Post: Orlando FL, where to buy a property for cash flow?

Sandeep SinghPosted
  • Investor
  • Plainville, MA
  • Posts 11
  • Votes 1
I can join you as an investor if we have positive cash flow