Purchased a three unit commercial building, previous investor paid water and sewer. Leases are good until 2021. Am I obligated legally to honor those leases? Was going to charge for sewer and water.

Hello
What should I look for when inspecting the property? Can I ask the tenants to leave the house while I inspect? I do not want to wear a mask because then I cannot smell cigarette smoke.
Yes ..I am new to prope...

We are looking at a 4plex in a strong C area. Our realtor just got us the utility bill info and I’m taken aback at the expenses for the water/sewer. The city quarterly bill has broken down the expenses into separate w...

Philly Landlords,
I am paying the water utility on my East Kensington duplex and just got hit with a $485 water bill (when it averages $112 in the summer)! I sent the plumbers in, and they found a leak in the wall du...

I just purchased a 12 unit bldg which has three corporate units. They pay between double and nearly three times market rent which is great - but LL pays for all utilities, furniture, etc.

I'm trying to brainstorm id...

so I just looked  a duplex in a nice upcoming town close to where I currently live, it is priced to sell but the only real problem with it is the fact that one of the bathrooms has what appears to be mold on the ceili...

Tenant moved out. Walls need touch ups and two bathroom cabinets are de-laminating (excess water dripping and not cleaning). The baseboards have knicks on all of them. One has a piece of it taken out. Is the water da...

Hi all,
Brand new to BP so sorry if this question has been answered. I'm currently analyzing (hopefully not analysis paralysis) on whether its beneficial to finish the basement in the rental property I'm purchasing. ...

The time has come for an annual lease renewal on one of our SFH rentals.  We contact the tenants and they are interested in renewing with one request.  They want the interior main floor repainted.  They have been in t...

My first tenant is moving out and it is not going smoothly.There seems to be a lot of excessive damage to the house and I want to know what is normally considered excessive damage.Is there a standard listing of typica...