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I remember it was last January of 2018. I got the call… My handyman calls to let me know that one of our vacant properties that we were rehabbing at the time had the pipes burst. I was both frightened yet calm. I knew...
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Hey Everyone, I have pre-approval letters on a duplex and a triplex, and on the triplex, the owner pays all the utilities. The triplex is listed for $95,000 and brings in $2500/,month in rent, while the duplex is list...
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Heating bills have been rising a lot, I would like to bill tenants for heat going forward.
Has anybody billed tenants for heat when using a central boiler run on natural gas that heats all apartments ?Let's say 12 a...
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So I just closed on my first investment property!
It has been a crazy experience so far and I'm sure it won't stop here.
-Luckily each unit has their own oil tank- What I was thinking about doing was filling it up b...
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Has anyone had experience with having no heat or hot water in a building?We have a natural gas system and the pump broke yesterday. We had the guy come service it but the part won't be in till tomorrow. We live in Mai...
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We are looking for deals, but the question comes: should tenants pay for utilities: mainly electric & heating oil or would you have the expenses calculated in the monthly rent? We bounced this back an forth but ne...
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Hi All,
I thank everyone in advance for their feedback. I own a three family in Portland, Maine. Just as a forward, I have read through the other forums on this topic (specific to Maine) and would still appreciate s...
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I live on one side of a duplex while I get the second side ready to rent out. I have one water meter, one gas meter, and two separate breaker boxes. I plan to make the tenant pay for electricity since the bills are al...
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Need some collective advice/recommendations. Appreciate any and all help!
Closed on 5 unit house with efficiency/1BR (7 occupants) last week. Currently all units are ~$50-75 below market in the zip code with water,...
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I just launched an STR in December with a pool and spa that each have a gas heater. It's my first time owning a pool and spa and now I'm getting hit with huge gas bills. I'm not heating the pool this time of year but ...