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Hello,I have recently purchased a 38 space mobile home park in the Indianapolis area. Via the research and books I've read I see that it makes sense to submeter the water in this park. Since tenants don't pay for it...
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How common is it to charge tenants for water and sewage? Doing so would make this 4-plex property I'm interested in worthwhile. I also feel people wouldn't waste as much if they are paying for it. This property is in ...
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Hi BP'rs have a question here that may be a little different.We have a note on a house in Lansing Michigan. The owner, a very nice lady, has decided she cannot afford to stay and has offered us a Deed in Lieu (DIL). ...
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Hello! I live near Charlotte, NC and I have been looking at multi family homes in NC and SC for my first investment property. I have found some fairly cheap properties, but a couple of them have tenants already living...
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A tenant recently let me know that they observed an oddly high water bill. He then let me know that no obvious sources of a leak are known of in the home and no evidence of leaking is happening, but the high water bi...
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Good morning BP'ers,I hope this doesn't come across as a dumb question but I am really struggling with this decision. Due to COVID-19 my W-2 income has taken a 15% decrease for an undetermined amount of time. My wif...
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Hi everyone,Six months ago I purchased a three-family home in Jersey City. I have leased one apartment, the second I reside in, and I'm considering my options for the third. Has anyone had any experience in leasing / ...
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Somedays deals just hit faster than you can write the paperwork. Lady called me out of the blue the other week wanting to sell her townhouse in the the city of Fredericksburg. She said she heard of me via a friend of ...
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Hi All,I was wondering what everyone is using for online rent payment collection? I have gone through the BP forums and found a list of good online rent payment systems, but I wanted to see if anyone had feedback (goo...
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Hey All I posted about this in another thread, however I now have all the details in order. I’m still fairly new to being a landlord and I just would love some advice on how I should approach this in the best possible...