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I'm renewing the leases for a duplex that has 2 units: upstairs (3 bedroom, 3 people) and basement (2 bedroom, 2 people + 3 pets). There is one meter for both units. The strategy I have been using as recommended by my...
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Hi y'all
Recently purchased my first multi-family home last month with my sister and are looking for renters at this time. I am trying to get some information from experienced landlords how they have split up utilit...
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I was wondering if anyone had a better insight on this issue. We have a deal with the owners that anything over $200 per month on utilities the tenants pay. So if there's 3 tenants in the unit and the utility bill is ...
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I plan on renting out the rooms in my property. Is it best to include the utilities in the rent or split them between the tenants?
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Hey everyone - I'm trying to learn more about the challenges of utilities management for landlords. Does anyone have any pain points / challenges that they'd love to share?
For context, I'm currently doing research o...
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I'm getting ready to rent out a propery I rennovated. It has no vent/ hood over the stove. Is a hood necessarry? It doesnt have a exhaust fan in the bathroom either. I 'm at the property as I post this to figure out ...
Hi, I've been considering investing in real estate for the past year. Over the past 3 months I've been reading pretty much anything I can get my hands on regarding rei. It seem as if everyone advises to get your first...
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I am looking to close on my first property in the next month and trying to finalize a few details. The current leases do not go into much detail on how the current property manager handles non-separated utilities so ...
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One of my Real Estate agents showed me an REO today. I checked the comps in the neighborhood within a half mile since January and they average $405,000. The bank is asking $371,500. They have it listed "as-is" but the...
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Utility question for furnished housing. So on a furnished house that you are leasing month-to-month or however long the tenant wants to stay with utilities included can you limit how much utilities are used? Basically...