Troy Martin
Prorate rents and expenses?
25 May 2021 | 7 replies
Utilities you'll call and put in your name and water bill will stay with the property (at least here in Metro Detroit) but sellers will put some money with title in escrow in case they don't get a final water reading or pay that water bill before leaving.
Eli Esakhan
Wholesaling, must have softwares
24 May 2021 | 1 reply
A lot of people use prop stream, I myself use batch skip tracing and drive for dollars for leads and utilize my local backyard.
Neel P.
Duplex, can I bill back water to the tenants, single meter? KCMO
26 May 2021 | 6 replies
And you need to make sure you are billing back no more than the amount the utility company billed you.
Gino Tomba
$2,300 to replace two electric meters in Duplex?
25 May 2021 | 14 replies
In Oklahoma the meter belongs to the utility company.They provide the meter and the meter base.
Zack Presnell
7 unit mobile home park
24 May 2021 | 2 replies
But if they were all 1990s in perfect condition, that's only a value of $70,000.So the absolute most this deal is worth is more like $175,000.But even then, there's the issue with well water and septic -- private utilities on parks that small is often a suicide mission as if one goes out the cost to put it back in service will destroy your numbers (remember that it costs the same to build a well to serve 100 lots as it does 10 lots).Just trying to keep you out of trouble.
Nicole Masters
Househacking our 6 bedroom house!
27 May 2021 | 10 replies
We are collecting $4,160 in rent, which covers our $2,950 mortgage and the $1,000 in utilities/supplies/cleaning service.
Wes Franco
First Time Investor/Owner in Ultra-Expensive Market
28 May 2021 | 8 replies
If you luck out, you could find a property here that requires a rehab, utilized a 203k rehab loan and boom, there is your equity.
Jonathan Satizabal
Tenant Recently Found Out They Have Cancer
22 June 2021 | 11 replies
They will pay their utility bills (and sometimes non-living bills like Netflix and Amazon) before they pay you because they know that you give them months to pay and are 'understanding'.2.
David A Lisowski
Newly formed LLC for Holding & Leasing
6 January 2022 | 5 replies
You can turn utilities on auto pay, and then just record everything in google sheets.
Matthew Packard
Inflation concerns with commercial
2 June 2021 | 13 replies
In addition if landlord pays water and sewer even with no leaks there were increase in per usage costs from the utility companies that drove up cost per unit.