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

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
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

Updated 6 months ago,

User Stats

6
Posts
0
Votes
Shane Burke
Pro Member
0
Votes |
6
Posts

I have a water bill question

Shane Burke
Pro Member
Posted

I just purchased my first duplex in April.  When doing the inspection on Jan 31 we found the outside water faucet was turned on… just a trickle but definitely running. Ground was soggy and was wet in the basement under the open faucet!   We turned it off and made a note of it in the inspection. I closed on April 4 and everything has been good with the tenant that the open faucet was feet from there front door. They Pd rents on the 1st of every month. Fast forward to now and I received a $725 water bill, from April 4 to June 28. Water/sewer sent water usage and it was 2 to 3,000 gallons used every day for the month of April.   May 2nd the water use dropped to 150 to 200 gallons a day for both units!   The unit with the water faucet outside there door, are in the process of moving out this month.   I have there $575 security deposit.  Last owner didn’t raise rent. I’m working on that. So my question: Would I legally be able to keep the security deposit to help cover the water bill, given that we found the faucet on previously?    

  • Shane Burke
  • Loading replies...