Christopher Perry
Dropped due to claims!
Hello All,
I have found myself in a pickle due to a chain of events that resulted in an insurer choosing to drop me from coverage due to multiple claims from multiple properties. I have both policies in my name and ...
Mike Barry
Unique Tenant Issue Involving ComEd Repair Question....Help!
Hi All,New landlord here with a unique question. I own a SFH where my tenant had the electric turned off due to non payment. The property is located in Will County Illinois and the provider is ComEd.When ComEd came ou...
Joseph Konney
Do I need a common electric meter for Multifamily Chicago Homes?
Hello all- I recently acquired a 2-flat in Chicago (Cook County, Illinois) and there are only two electric meters/panels. Is a 3rd required for common areas and exterior lights? Less the inside wiring, what is an appr...
Kyle Meyers
Are unpaid utilities only a lien if they are city owned?
All the utility bills for my properties are paid by the tenants, I want to make sure that if they stop paying them I won't be on the line for the bill, or at least I will be prepared and check the status. I can't find...
Mike Goikhberg
Adding two gas/electric meters to single fam property
I am considering buying a property that was built as a two unit but is not zoned as such in baltimore CITY. I want to split the electrical. Is there any way for me to get a second meter there? Or perhaps wire two ...
Lauryn Meadows
Utility Bills Staying with Real Estate after Closing
Hey all! I have a question. I closed on a flip property last week in Flatwoods, KY. We did purchase title insurance at closing, and no liens on the property. I've called the city of Flatwoods utility to turn on water ...
Steve T.
Water Service Provider Billing Policy
The water provider for one of my rentals just changed their policy. Bottom line is that they will no longer deal with renters and will only establish accounts for property owners - we are talking about a SFR. This w...
Mei Li
All window AC unit property: winterization question
Dear fellow property owners, I would like to ask some question regarding winterizing your property:I’ve got a Ocean City, MD condo with only wall/window AC units. Heating during winter is completely dependent on elect...
Diego La Rotta
water and sewer bill seems too high
I will be closing on my first four plex rental and I am running into the issue that the water and sewer bill is sky rocket high. looks like the tenants use up a lot of water. From talking to people around the area the...
Hunter Harms
Figuring out carrying costs on a flip?
When I am doing the numbers for a potential deal, how do I go about finding all of the necessary carrying costs to plug into the flipping calculator? I know that property tax is easily found, but how do I go about fin...