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I am looking at a duplex, and according to the leases the landlord pays for the water. The water is billed quarterly, and I am afraid that if there is a leak somewhere I won't know until I receive an enormous water bi...
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I'm evaluating an apartment complex (two buildings) where the owner pays water, gas and sewers. During the inspection I noticed that some toilets have constantly running water and the wall heaters were still heating d...
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Im letting my tenants break a 2 Year lease because I’m their neighbor and they’re too loud for my taste. They want a bigger house so it’s a win win. What should the official document include to cover myself?I would pr...
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Hey BP family,So I finally did it and made the jump into multi-family with my first 4plex closed today. I wanted to run the summary information here and get what feedback I could from all your experience. I've only pu...
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Hi all. I'm considering rehabbing a rental property to make it as energy efficient as possible, including replacing appliances and converting the kitchen to induction - which could (in an ideal world) bring down energ...
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So I'm looking at two properties, one a triplex the other a duplex, with shared utilities between the units respectively. The current owners have been paying utilities. They are sending me the averages this week...
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Dear All.
I would like to see if i can get any advice from anyone on this forum.
Has anyone ever attended any of Jim Fleck's training seminars?
They promote it as ve...
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Hello everyone, Was curious to know what people are paying on average for the water/sewage bill on a 4 flat in Chicago, IL. A building that has 4 kitchens/4 baths. No D/W's or laundry so wanted to get an idea what is ...
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I am trying to find a strategy or method of determining if it is worth the money to separate utilities in a triplex which I recently purchased. Separating utilities would require me to have a some electrical rewiring...
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Everyone says how important screening tenants is. Experts, what grade of property do you rent, and what are your tenant standards?Income 3x rent?A certain credit score?Evictions/evictions filed?Criminal history?Bankru...