Alex Del
How Do You Bookkeep Utility Payment from Tenant (tax purposes)
Hello all,
First post here. I am currently coming to the end of my first year in a house hack and I am checking over my documents and bookkeeping before tax time. The setup is as follows: 2 family, separate, propa...
Rawn Wilson
Tenant won't leave after a fire and utilities turned off
I am renting a house that has a detached efficiency apartment in the back. At first, the tenants in the house were using the apartment for their daughter. She moved out, and they sublet it to someone else. I did au...
Benjamin Mann
Who pays for utilities in Milwaukee the landlord or tenant?
Hi guys, Needing a little help with rentals in Milwaukee, can someone tell me who’s responsible for paying the utilities bill? The landlord or tenant and at what cost they may be?Thanks!
Tanya Ahina
Live-In Flip utilizing First-Time Buyer Loan Assistance Programs
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $242,000
Cash invested: $17,000
Sale price: $365,000
This was a Live-In Flip investment using our 1st Time Buye...
Casity Kao
How do I include a legal clause on split utilities?
We have a single family home with two levels and will rent out to two tenants. Gas electricity and water are all one meter. Utilities will be under our name and we will bill tenants. Lower level is 950sqft and upper l...
Scott Linguanti
Ideas for how to utilize unnecessary land in potential deal
Hey everyone, sort of an oddball question here: So being a new investor and trying to find a good deal that i can house-hack, I recently came across a property that can easily be split into two separate 2 bed/ 1 bath ...
Jonathan G.
Seller wants to shut off utilities, still have not closed...
I just got a call from my realtor letting me know that the listing agent is asking if we need the utilities on anymore. They would like to shut down the utilities since inspection is done and she is saying that they ...
Afrothiti Manolis
Buying into a property with current tenants paying NO utilities
Hey BG,
In Chicago, I am buying a three flat. One of the tenant's contracts end 12/20. The other is month to month. Both are paying under market value. Those two units share a water heater and electricity and gas met...
Jim P.
New England vacancy in the winter -utilities draining my bank
Emergency! Winter Is now here and I have 3 vacancies,,loss cash flow $3500 plus oil/ utilities — I could use some advice to fix my problem now...don’t know how to get though this very tough patch .I won’t be able ...
Tevis Verrett
Solar Panels, Multi-Family, & Charging/Collecting Utilities: How To?
Good Morning my BP Peeps!
I read a post by Joe Bertolino that piqued my interest. He had just installed solar panels on his property and was awaiting the outcome.
I then searched BP to see if this question was alre...