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I have a small 5 unit mixed use property in SW Michigan and am trying to determine whether I should implement a rubs system or install sub meters. Is there a rule of thumb on which to use? I got the sense that submete...
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Looking for lease addendums for Anyone using RUBS for electric, water/sewer, and gas in the state of Texas. Want to make sure I get the language correct for state prescribed formulas. Thanks!
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Hello all . I have been thinking about this and haven't come up with a plan yet.
I have a first floor that gives power to basement . Gas no problem it's only on first floor. How should I put the rent on first floor ....
Greetings to you all, hope you guys holiday was a blessing to you. I am in the process of acquiring a property w/ back taxes of $12,000 and unpaid utilities etc. as it was a investment from the previous owner, who I a...
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We are buying an 8 unit multifamily in OR and our new property management company we are considering hiring is telling us billing the water back to the tenants is included in the 9% rent control maximum yearly rent in...
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Now I know, but before I didn't know I should have tenants switch utilities to their name before I give them the keys to move into my property.I have a family that moved in one of my properties, I have been telling th...
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Purchased a property with a mother in laws qtr in the rear. Front is 1,039 sq ft and will be a 3/1 from a 2/1. Rear is a studio style apartment that was finished by the first ever owners. Just updated overtime. It is ...
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Hello everyone, I'm a new investor focusing on acquiring B/C class small multifamily properties (2-4 units) with goal of COC ~10% (or with potential to get there by adding value).
In the hope of increasing cashflow,...
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Tenants moved in June 1st. We gave them a month free because we were 2 weeks late in providing the rental. We went on vacation right after they moved in and they failed to turn on the utilities in their name and Fri...
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I have a tenant in San Jose, CA who pays rent on time, but recently they left opens statements on the table during a home repair. I saw their electric bill (PG&E) is ~$2500. The water bill (San Jose Water) shows...