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Hello folks. I'm new to the app, but happy to be here. I rent out a property in Markham,IL and the water bill shot up from $75, to $145 now for the last couple months. My tenant swears nothing changed with their usage...
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Hi ThereCurrently been looking towards finding 3/4 unit properties around Poughkeepsie NY. Any thoughts on the rental market here? Driving through it seems very run down and rough, yet theres huge schools here and a c...
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I am repositioning an 8- Unit Apartment (Photos Here ) In my analysis i knew that the property was being under rented & with capital & aesthetic improvements i could drastically raise the rents. Rents are n...
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Hello! I rented out my house for one year and definitely had a lot of learnings with managing the property on my own.One of the after-effects of the tenant moving out of the house was that her gas bill was not paid fo...
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Hello,Our water bill is normally $600-800 for a 10 unit building every two months. The last biill came in at around $4,000 and we can't figure out why. We checked all of the units, the crawlspace, the basement/water...
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In a softer rental market like we seem to be in now, it becomes much more important to focus on the boring fundamentals like controlling expenses. One of the ways we have been doing that in our multifamily properties ...
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Hello everyone,I looked at a 2700 sq. ft. property today and I need some advice on utilities. I'm trying to break down expenses to get an idea of cash flow every month. Currently the building is vacant. It has 8 units...
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I have a 4-unit building in Buffalo, NY. I am in the process of renting one of the units. The applicant is in a program where she receives a rent stipend up to $960. Rent on the unit is only $700. The stipend doesn't...
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Hi BP, Question: Does anyone have experience with back billing of water bills from properties purchased at Sheriff Sale?Current Situation: My partner and I current have a property under contract, cleared to close, bu...
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Hey BP Community! I'm trying to get some things sorted out for a first buy and hold property. It's a duplex and I will be living in one unit, so only one will be rented. I plan to have the tenant pay for all utilities...