LaJoi Royston
Contacts Needed for basement build out/ separating utilities
Hello BP Folks!I recently purchased my first property, a 2 unit building on Chicago's south side.The building has 2 units, with the 1st floor duplexed down to a full finished basement.The building was owned by a famil...
Dave Gallogly
Minnesota Duplex with Shared Utility Meter Billing issues
We came across a Statute here in Minnesota that affects our duplexes we own in our portfolio. A few months ago our local Utility company called to tell me that the Utilities are being placed back into my companies nam...
Jonathan Dunn
Commercial Lenders vs Private Lenders & LLC utilization
Hello, I have 2 LLC's setup to shelter assets and limit liability. Originally, I planned on using traditional fixed APR term financing for my future properties. However, I am finding most lenders offering a fixed APR ...
Tony Robledo
How to write a lease with utilities included?
I’m a first time landlord about to rent out 2 units in Oak Park, IL.
I was planning on using the lease agreement template available on Avail, but I have a custom amendment I need to add and I want to make sure it is ...
Byrne McKenna
Tenant nonpayment of utilities and Xcel account transfer
XCEL Energy user comments appreciated! The tenants power was shut off for non-payment and I need to put the account back in my name.
Recently my HOA sent me photos of my rental townhome with a gas generator running i...
Adam Beckstetdt
Landlord paid utilities. Best practices for reducing costs?
So I closed on a property that is 6 units. It has 3 electric meters. One for two units. One for 3 units. And one for a larger commercial building that I may rent to more than one tenant. Gas and water are all on one m...
Connor Castillo
Converting a Utility Shed to a Rentable House
Hi all,We moved into a house that had a large utility shed. We redid the inside and it is now a pretty cool miniature house essentially. We wanted to run plumbing to the back so that we could make a livable dwelling a...
Mervin J.
CA: Landlord Responsibility for Power Outages by Utility
Hello folks,With the recent spat of PG&E state-wide power outages, I was wondering if the landlord has any responsibility regarding a utility caused power outage? For example, are there any state laws that are app...
Alan Brown
Any great tips on avoiding deposits for utilities?
Just bought 12 units and the utility wants me to pay an average utility deposit for ALL of them together, which represents something like $4200 up front... I want to make sure that if a unit goes vacant, the utilities...
Steve Dora
1st Purchase utilizing HELOC...what are my options?
I have a few questions and I will definitely be seeking professional guidance as well, but wanted to throw this out in the forums.Background: I have just opened a single member LLC. I have a personal HELOC on my pri...