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I purchased multi-family in September and one of the tenants has yet to pay rent since. I’ve tried my best to work with them and not push eviction on them. However, it is a evident that they have no intention of doing...
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I make sure to put in my lease that tenant pays all utilities, what would happen if they stopped paying? would I have to pay the utility company myself? If so, how can I work around this to where I would not have to m...
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Hello BP,
I have recently purchased a triplex (which was converted from a SFH). Its a 2bd unit on the main floor, and two 1 bd units in the lower level (formerly walkout basement). The utilities (water, electric, gas...
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Hello everyone, can someone give me the average utilities expenses(water, electricity, gas) per month for a multifamily duplex home.
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I’m looking at a duplex in Cincinnati & crunching some number . What utilities am I responsible for ?
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For a duplex I'll be closing on soon, the utilities were owner paid. Is it fair to say that that can go out the window as soon as the current tenants are out (which they will be before close)? And if so, for anyone wh...
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RUBS- Ratio Utility Billing System.1. Does anyone know where I can find legislation on rubs in Los Angeles, California? How is it regulated? How can it be added to property?2. Is possible to use RUBS and bill back the...
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Hi BP members!I've recently been introduced to the Profit First for Real Estate Investing methodology and I'm excited to implement it! HOWEVER...I've always been told that I need to have separate checking/saving acco...
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I just closed on my first multi-family located in Shaker Heights, OH. It is currently a two family house (first floor and second floor apartments). Each is separately metered for gas and electricity-which the tenants ...
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Hi, all
I searched but only found threads in the other states/cities/markets, and the answers to my questions appear to really vary a lot from state to state.
I would like to specifically know in DFW what the owners...