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: Zach Watson

Zach Watson has started 3 posts and replied 5 times.

Here is the update: I sent them a letter which explained I have taken a sample and currently waiting on the results. I offered them the ability to leave if they do not feel safe, and that I was to ensure the unit remains habitable. The tenants replied saying they do not want to leave and asked for a copy of the mold results. I will most likely not give this to them. This week I received the results which were a little confusing. The report only says “stachybotrys and penicillium were found” and the “conclusion was unusual” but it provides no spore count, percent, or anything else. So either way now I will be treating the mold. The question is, is this sufficient to use the clause in the lease and renter the property unlivable to remove the tenants permanently for repair?  Im worried they will try to fight it 

Thanks James. The lease is up the end of May. I have considered just waiting it out, but i am afraid of the trouble caused between now and then. I do plan to rehab when they move out but my budget could easily be wiped out first if they decide to involve the authorities in every little thing. 

A few weeks ago a supply pipe had broken in the unit. The water was shut off and the leak was repaired immediately. There is now a hole in the ceiling from cutting through the drywall/plaster. I have found a contractor to come and patch the ceiling to complete the repair. The issue is the tenant believes the whole ceiling needed torn down and replaced with new crown moulding and carpet as well. They offered to do the work in exchange for discounted rent, but then quoted a price of $2000. i respectfully declined and invited my own contractor to quote. My contractor explained to her that there was no damage anywhere else that required more demo/replacement. The tenant got very upset and stormed off. Next she started complaining about mold that “you cant see but its in the studs”. Two days later i got a voicemail from the health department saying there was a complaint against me for a leak and mold in the property. I believe they are attempting to start a lawsuit. I have collected a sample and sent to a lab to test for mold. If mold is present, would that be grounds for an evictions? The lease states that the lease is terminated if the property is rendered unlivable. My main concern is if i tried to get them out it would be considered retaliation. What would you do in this situation? 

Hello everyone

Does anyone have any good referrals for home inspections in indy? I have a 2800 square ft four-plex currently under contract.

Thanks in advance! 

Post: Insurance for a four-plex Indianapolis

Zach WatsonPosted
  • Posts 5
  • Votes 1

Hello

First off, this forum has been a FANTASTIC resource for me on my search for a house hack. Does anyone have any advice or referrals for insurance on a four-plex house hack in Indianapolis, Indiana? I have an FHA offer accepted as of this weekend and I am currently looking into insurance options.

Thanks in advance!