Hey BP!Out of all the headaches that come with property management, this is one at the top of the list. Most property management tools come with a RUBS calculator but the split NEVER accounts for tenant move in date. ...
Dear Colleagues,I need help with a spreadsheet or some calculator for distributing utility bills among tenants in my 8 unit building This is an old victorian multifam and there is just no way to sub meter these units....
Hello BP,I'm in a situation that I'd like to hear from other owners on. The PM company I use placed a tenant in one of my properties with a lease start date of May 1st, 2019. The PM company told me everything checke...
Hello BP,I have a duplex in Washington State (Spokane City/County) with inherited tenants. In one lease, it states the landlord will pay up to $100/month for water & garbage specifically. In the other lease, it ...
I am currently considering a 10 unit (5 duplexes) purchase where the current landlord is responsible for all utility bills and does not have a cap on usage written into any of the leases. Fortunately all 10 units hav...
I have a utility bill question. My tenants are required to pay their electric bills. However, my HVAC unit needed a part so the tenants ran on emergency heat for 12 days. This has the unit run off the main power sourc...
Hey guys, Does anybody have a process they follow to gather specific income/expense numbers when searching for an investment property? I need proof of the utility bills and previous rental income, otherwise I'm just t...
Seeking advice from seasoned professionals here. After parting ways with a property management company for not meeting expectations, I took control of four properties, retaining the existing tenants. I had them sign a...
Hi guys, I have a quick question about separating the utilities after acquiring a new property. I bought a 6 family recently in Jersey City and the tenants are on a month to month lease. I'm planning to sign new le...
Hey all! I have a question. I closed on a flip property last week in Flatwoods, KY. We did purchase title insurance at closing, and no liens on the property. I've called the city of Flatwoods utility to turn on water ...