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...

Hi, I am in the process of buying a triplex, the 2nd and 3rd floor apartments are both 2 bed 1 bath and are currently rented at 650 including all utilities with no leases. I will be living on the first floor. Market r...

Hello BP community!!I have recently acquired my first rental property and it came with tenants in place.  They are moving out in 2 months and all the utilities are in their name.  My question is, after the current ten...

Looking at a couple of different possible multifamily properties to buy and two of the properties I'm interested in have me wondering which is best. Property A has tenants paying utilities but the rents are well under...

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...

We bought a small multi-family bldg out of town, & have a property manager that we've used for other properties.  Some tenants are holdovers from the previous owner. There are some small utility charges we pay in ...

Tenants moved in June 1st.  We gave them a month free because we were 2 weeks late in providing the rental.  We went on vacation right after they moved in and they failed to turn on the utilities in their name and Fri...

Received a letter saying it is owner responsibility for water bill if tenant not paying in Murrieta CA area. Tenant uses the water, and tenant apply the account with them and if they are not paying, it is owner's resp...

Hello BP!

I recently opened an retail account up (Home Depot) to help with some of my projects. I also opened a personal account up as well, close to this HD card. My credit score took a dive of 30 points. 30!!! And...

Hi All, I am closing on our deal this December 30th, for a 4-plex. It is currently fully rented, which is great!HOWEVER, as it sits, the landlord currently pays all utilities, (which will be changed immediately into t...