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8 November 2018 | 6 replies
But, I wanted to avoid any question of unfair water usage and put the payment task solely on the tenant.
16 October 2018 | 1 reply
Or should I come up with a system on how the utilities will be divided every month so that the tenant is more mindful of usage?
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18 October 2018 | 1 reply
Hey,First time posting on BiggerPockets. Been voraciously listening to the podcasts. I got lucky buying a foreclosure which I sold for a stupid amount and put into a duplex. I am incredibly interested in ways to creat...
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19 October 2018 | 4 replies
It's totally inappropriate for somebody to act that aggressively.He still has the keys.
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20 October 2018 | 4 replies
What I do is when water bill comes I just text them a copy of it and charge them only usage part of the bill.
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1 November 2018 | 6 replies
Next door neighbor was making inappropriate comments at our female tenants.
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27 October 2018 | 3 replies
Honestly i have no clue which angle he was ultimately trying to go at, but it sounded like he works with a lot of investors who own real estate that produce more deductions than they have in income to claim on taxes, the point he kept repeating was that you can calculate how much income on a property could maximize the usage of all your deductions, then either pay down to this point and maintain it, or refinance the property in a shorter mortgage to gain income and bring the level back up to this level every so many year or after paying it off.
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5 October 2018 | 22 replies
Title says it all... this is in my personal residence but I’ve found BP to be a more credible source for answers than searching the web.After 2 or 3 showers the water gets cool/lukewarm, not freezing and will stay that way, can usually get away with a shower in the morning and one at night without problems but if it’s the kids in the tub and a shower that pretty much uses it up.Typical usage, nothing too long, any help?
1 October 2018 | 12 replies
In Northern Indiana (Nisource), it used to be 20+ years ago (and I assume its still the case) you would have to put a deposit down to cover the gas and electric distribution services, and you could get some credit back based on houses going into service with some assumed usage patterns.City run utilities and REMC's would have drastically different practices.
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18 September 2018 | 5 replies
Jose,Here is a list of "hidden costs" that may surprise you if you haven't been through this before:Closing costs when you purchase the propertyTitle Insurance Policies for you (and the lender if there is one)Miscellaneous closing fee's (survey, recording, etc)Loan origination feesHolding costs (during the time that you own the property)Builders risk and Liability insurance policy premiumsProperty taxesHOA feesUtility usage chargesBuilding permit costsDumpster / hauling chargesLoan interestClosing costs when you sell the propertyStaging (if applicable)Realtors feeClosing costs (depending on where the property is, this could be a huge cost) Professional fees for accounting, legal and taxesCapital gains tax on your profitI hope this helps you, and good luck!