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In a softer rental market like we seem to be in now, it becomes much more important to focus on the boring fundamentals like controlling expenses. One of the ways we have been doing that in our multifamily properties ...
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Boiler System:
How it works: heats water to produce steam for heating and hot water
What it does: provides heat and hot water for a household or building
What can go wrong: malfunctioning components, leaks, press...
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So I've built this excel document that does rough calculations of 2% test, Cap Rate and CoCROI and while I'm pulling most of the numbers from sources I can find (realizing they are not exact, but in the ballpark), the...
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There was a sun room that was added to the house and I’m planning to have that finished ( insulated and dry walled and vent added) and use that as great room and add a wall to enclose the kitchen to access the back...
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Greetings to anyone reading this.I’ve got a recent situation with a tenant regarding a leaking toilet bowl. And wondering how to handle it as a novice landlord. I got a call from the city water department regarding hi...
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Hello BP community - I got this message from my property manager in Huntsville on Monday (yesterday):
"This is the tenant at XXXX Apt. C. I got a call from Huntsville Utilities last night saying that there is somethi...
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We have three water bills from the Water Department, Malden, MA. It shows water usage as follows:1. The water usage from 10/15/2015-11/15/2015 (32 days) 16446 c.f., $3468.702. The water usage from 11/15/2015-12/15/201...
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Hi guys!My tenant of a year is having an issue with the city. The tenant recently got a $3000 water bill, and their normal usage is $300-$400. I called a local plumbing company to inspect and do a leak detection test ...
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My husband and I recently received a $1,000.00 water bill on the door our rehab property that has been vacant for 9 months with out the water ever being active! According to the water dept it’s required to be paid Are...
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I have spent a lot of time on this area in the last few years. We manage larger apartment communities that range from C to A class market rate apartment or mixed use buildings with most properties being over 50 unit...