Nathan Stanley
🤢Supplemental taxes?? How much can I expect the bill to be??🤮
Quick questions- What kind of taxes and who pays?
Senario-
Family #1 buys at $700k in sunny California🏝in 2015. Family #2 wants to come in and buy at the new property in 2021 valued now at $1m. Family #2 now needs t...
Anthony Winston III
Paying Yourself First Sounds Crazy!!!
In the past few months I've read numerous real estate investing books. It all started with Rich Dad, Poor Dad. One concept that was discussed, in other books as well, was pay yourself first. I would be considered a hi...
Zachary Brown
$20k Water Bill Balance - Who is Liable?
Getting ready to sell a rental property when I saw the most recent water bill balance was $20,000. Turns out, the (month to month) tenant was out 5 months ago before a pipe burst and the city turned it off. During thi...
Steve Erkens
The Uncooperatice Water Company
Hi all,
Just found BP yesterday and spent the last two days reading forums and taking notes, and now I'd like to tap directly into this vast wellspring of knowledge with my own question. The city where I ha...
Quan Chau
Tenant got charged $3000 water bill! What would you do/recommend?
Hi guys!My tenant of a year is having an issue with the city. The tenant recently got a $3000 water bill, and their normal usage is $300-$400. I called a local plumbing company to inspect and do a leak detection test ...
Wayne Varn
outrageous power bill
I live in a building with three apartments and there is only one power bill for the whole building and it is in my name!!!!! My landlord refuses to put the power in his name. Past and current tenants have come and gon...
Dzenan Catic
How to handle utilities in a single family rental
Hello,
I am renting out my first property. It is a single family home. How do I go about utilities? Do you have the tenant put the water, gas, electricity, trash in their name and show you proof that they are payi...
Mike Hoefling
Electric Meter Swap
I found out this week that the previous landlord was paying for one of the tenants electricity, maybe unintentionally because the electric meters are mixed up. The previous landlord use to live in that particular unit...
Jake I.
Question About Utilities
I see on most of the Bigger Pockets blogs, podcasts, or webinars that when analyzing a property and its expenses, many times utilities such as water/sewer/garbage, electricity, gas, etc. are thrown into the expense co...
Charles Giovanniello
Binghamton - Huge Water / Sewer Bill Increase
Hello all,
I own a property in the city of Binghamton and have noticed a huge increase in my water bills. Normally they are around $200-$300 billed every 4 months but in July i got hit with a huge $1400 bill, which i...