Roma Whyte
Am I responsible for last year's property taxes?
I bought a property through owner financing. The land contract was recorded 01/30/2023. I paid the property tax bill that was sent to me after that date.Then I noticed the tax bill was for the first half of 2022, but ...
Kyle Hoppman
Who pays for salt for water softener?
Hello everyone,I am a new investor that owns two duplexes. I was wondering how everyone deals with their water softeners? Do you have tenants pay for and fill the water softener on their own? Do landlords buy the salt...
Chris Dickey
Multi-Family- 4-plex Utilities?
Looking at my first multi-family today (4 plex). Got a copy of the rent roll and it appears that the current owner is paying all utilities (water, electric, garbage etc)....cutting into a major chunk of the monthly c...
Paul Neubecker
Snow Removal in Buffalo, NY
I've got a couple rental properties in the City of Buffalo. I am leaning towards hiring professional snow removal for the rental properties.Does anyone know: (1) The local laws regarding liability/responsibility for s...
Austin Copas
How much do I set aside for expenses in Texas?
Hello, I'm Austin I was wondering how much money I should set aside every month for the different utilities and expenses. Since I am too young to legally own a multifamily property myself I am going through LoopNet an...
Joseph Lewis
Can I pass down the association fees to the tenant?
I would think you can do it legally. Im wondering if that common or if it's something landlords generally pay themselves?
Thanks in advance!
Frank Boenzi
Funding a syndication
I'm looking to be the general partner in a syndicate. When raising funds, do I need to raise the full purchase price amount of the property or can I raise the down payment amount and fund the rest through a lender? If...
Hector R.
HOA on Rental Property
If you have a rental property in a subdivision that has an HOA, how do you deal with this? I'm assuming you pay for the HOA fee, and just account for it in your rent price. In addition, even though you own the home, ...
Jonathan Guerrero
1000 postcards 7 calls
I feel a little bummed I only received 7 phone calls. But I knew this was a possibility. It's not even 1%. Is this the usual response rate for postcards?
Kelsey Smith
Tenant Lawn Care Responsibility
Hi everyone!We recently had our tenants give us 30 day notice (August 31 is move-out day). The tenants are responsible for mowing the grass and have not done so since giving us their notice. Today, we noticed they mov...