Looking at a 32 unit deal in Milwaukee. However, the heating bill is 33K/year. They are newer, but it definitely hurts the investment. It has been sitting for a bit, and I think that number has been their big obstacle...
I am getting started in rental property investing as drawing my first set of lease agreements currently. Should I have my tenants pay all of the utilities? I know it would make the most sense to have them pay but I am...
I am brand new to real estate and have some questions. - How do I find specific utility costs for my area so I can properly analyze deals? - What utilities are needed? Are these paid by me through the tenants monthly ...
BP-
I am looking at a MFH in Cincinnati that is currently landlord paid utilities. I have heard of transitioning properties from landlord to tenant paid utilities but haven’t gotten into the nitty gritty of what that...
Is it feasible or even possible to split the gas service for a duplex? I see that electric service is commonly split so each tenant can be responsible for the bills.
I bought a quad in Rye last year and it’s been reasonably smooth sailing until about last week. In my lease I have it that tenant pays ALL utilities; I have the water metered so I have to charge back the tenants every...
First time land-lording, so go easy on me :)
The area my property is in has coin-op laundry in the basements which seems to be common on other similarly rented properties in the area. I would deem the neighborhood a...
Hi guys! My tenant of a year is having an issue with the city of chesapeake. The tenant recently got a $3000 water bill, and their normal usage is $300-$400. I called a local plumber to perform a leak detection test a...
Hello BP I have a couple of questions for you.We manage a mobile home park and receive two separate water bills. They are Front of park and Rear of park. The existing water lines were installed in the mid 60's and ar...
Hi everyone I am looking at making an offer on my first deal. I would like to have each tenant pay for their own utilities. I know some laws may require that certain things be set in place to have tenants pay for thei...