All Forum Posts by: William Conrad

I own a four unit multi in Groton, CT. Bought it a few years ago for $150,000. Did some improvements and it appraised for $285,000 recently. Took equity out and looking for my next deal. The multi inventory up there has dried up completely. But maybe some single families worth looking at. Area is booming thanks to Electric Boat. Good paying jobs and solid tenants.

Ugh. Thanks so much for your insight guys.

Last year I purchased a four-unit multi-family with 50% occupancy. Before purchase, I noticed cat feces on the floor of one of the occupied apartments. It was concerning, but not a reason not to buy. I assumed, perhaps incorrectly, that it was an anomaly. Well, workers recently entered the apartment and refused to do work because...you guessed it--cat feces on the floor. Even worse, the tenant had a baby recently so now not only is my building at risk, so is a child. What should i do? I can't just walk in an continually investigate. Upon renewal do I say pets aren't allowed? She's a (fairly) reliable tenant, but this clearly is unacceptable on many, many levels. Ideas?