Hi all!I recently purchased a 4-plex (two buildings with 2 units per property) in Phoenix, AZ. Because the units are not separately metered in any way, I pay all utilities. I am finding that with each utility bill I h...
Hello everyone!I've been listening to bigger pockets for almost two years now and should have enrolled a long time ago but I've been scared I don't even know why.I've been on a reading overdose for the past two years ...
Hi,
A few facts:
- Triplex under contract
- 100% occupancy
- FHA loan secured
- 100% tenants on month to month leases
- Due Diligence stage is almost complete.
The question...
Have a general question poll for the community: Have you ever had a potential tenant lose interest in your property because of the heat fuel source?I.E. I have a duplex that has an oil boiler on one side, it's a PITA ...
I just found that the single tenant on the lease died about 4 months ago on my property. Any suggestions on do's and don'ts? Yes it has been verified.We contacted the next of kin stated on the lease. She prepaid for...
Yesterday my tenant texted me to tell me that she didn't want to turn on the central heat so she plugged in a space heater. When she did this tripped the lights. She flipped the breaker and the lights came back on bu...
So heres the problem. I would like to see if anyone else has encountered this before and what you would do.
I have a tenant, section 8 pays rent but does not pay utilities. The gas is in the tenants name but i re...
Hello all, I have a large 5 unit building that is all separate electric baseboard heat. The building consists of 3 units that are 3/1, and then two 1 bedrooms. It's two floors. The left side of the building is two of ...
Hey BP Fam! I'm in the process of buying a student rental in New Hampshire, and I'm just trying to make sure I don't get caught holding the bag on a bad deal. Right now, it's a 2% deal because it's being rented by the...
Today I looked at a 6 unit property. I like it alot but who cares what I think or like, especially if I never purchased a mutlifamily property before. I learned that the numbers matter the most. Please give me your...