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Hello BP, I rehabbed and rented out my first rental property this April. Everything was going ok, until I got a bill for the water service between May 16-June 14 ...they offer a program that switches the service back ...
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I have been through the grueling awesome process of selling my house to buy apartments. 4 plex $375k 5% down (18750) 2bd 2bath $3250 total income $2350total debt service $300 total utiltes and misc cash flow $600 mont...
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Hello everybody. I am a newbie and currently looking at my first deal. The one I am looking at is a three unit and it is a short sale. Under the write up of the property it states "If property is vacant and no util...
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If my single-member LLC bought a property in 2014, but was not placed up for rental until 2015; so there is no income or expenses (other than capitalized expenses). Do I need to add the property on my Schedule E? It...
Hey first time landlord here... also just had my first eviction. Does anyone know how the law works for unpaid utilities? From I can see it looks like the utility company is supposed to try to collect from the tenan...
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I have around 80 rentals. I am reviewing my lease and I've been stung where a tenant did not pay their water bill and the city shuts off the water from the street. When the city turns back the water the valve / pipe...
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I am considering buying a lot in my subdivision to build a house with a basement on. One of the larger lots has a service road that the local utility company uses almost daily. The builder with the lot said that it ...
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Is there a program or something that I can do to change owner paying to tenants paying there own electric water gas?
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Hi everyone,I am new to out of state investor and have a quick question hope to have some clarity.Current investment property is managed by a property management and still in process of listing. During this period, ho...
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When tenants vacate the property , what became of the utilities in Michigan , do they get shut off automatically once they inform the service provider they moving ?
I've just never dealt with this and need direction