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...
We are Tony and Kim. We just joined BP and this is our first post! We listened to many of the BP books for years prior to getting into the business of real estate. Kim is a Nurse and I just started working full time m...
My husband and I have a large backyard and have thought about building a legal ADU to rent out (or even live in while renting our main house, though that's less likely). We have comfortable in buying single family hom...
I plan to buy a hotel room and airbnb it, their is a HOA fee of $780 but the utilities fee is blank, do I have to pay for hotel utilities?
Hello BiggerPocketorsMy wife and I just placed an offer on a townhouse, and we're pretty confident that the seller will accept it. We are also in the process of creating an LLC in the state where the property is locat...
When you have your own business, such as a vacation rental, you always have to be on the lookout for entities trying to grab cash from you. A few weeks ago, Newport Utility, my electric provider for 4 properties, dem...
Hello BiggerPocketors My wife and I just placed an offer on a townhouse, and we’re pretty confident that the seller will accept it. We are also in the process of creating an LLC in the state where the property is loca...
I recently purchased 5 duplexes in Tampa, FL. All leases state clearly tenants pay all their own utilities. (these leases where in place when we purchased) Seller confirmed tenants pay all their own utilities. All sep...
An often overlook discussion of multifamily investing are utilities. While the topic may not be top of mind among most investors having a plan reading them could mean the difference between added income or incurring u...
Hi BP. I'm looking at a medical & legal office building for a commercial purchase. A value add I can see is to have the tenants pay for the utilities which would be a great increase in income and almost creating...