All Forum Posts by: Zach Midwood

@Erik Whiting

Great response Erik. Very relatable!

@Jennifer White

I closed on my first 3-family (first property in general) a couple months ago. I wish I knew what the soft floors in one of the bathrooms indicated. I noticed during the inspection that below the linoleum the subfloor was soft. I didn’t think much of it, but on night #1 after closing when I ripped up that linoleum I discovered black mold that ran from the shower to the toilet. I should’ve realized that these soft floors indicated water damage, and with water damage comes mold. I fixed the issue correctly but this was an added cost that I did not expect. Next time I’ll know. To sum it up, pay attention to soft spots in floors...especially when the flooring in the bathroom is not waterproof.

@Kenny Downey Hi Kenny!  You can find properties within your price range in New Bedford MA. It'll take quite a bit of searching and patience but can be done.  I recently purchased my first 3-family in NB and would be glad to help you any way I can.

@Frank Patalano

Thank you Frank!  I look forward to telling you about the process.

@Leo Laemmle

Hey Leo I closed on a 3-family in New Bedford a little over a month ago.  I did quite a bit of searching until I found it and developed a good sense for the area along the way.  Please feel free to reach out to chat more about the area.  Also, I am a licensed realtor and would be glad to help anyway I can.

Zach

For anyone with Cozy experience:  when you have multiple applicants and potential tenants paying the $40 to run the credit and criminal background checks only one can get the apartment.  How do you handle the applicants who paid the $40 and did not get the apartment?  I assume some will ask for their money back so I am looking for a little guidance on how to handle this.  What has your experience been like?

@Aaron Araujo

I think that’s a very smart move! 

@William Thomas

30 year. Can always pay it off as if it were 15 year. Doing the 30 year allows you to do that lesser payment if needed

@Aubrey Lambalot

Sounds good Aubrey!

@Greg Devlin

Yeah it did seem low to me as well...suspiciously low. I did confirm by checking the sellers heating bill docs. Hopefully I didn’t overlook something there.