Hi! I have been listening to the podcast and reviewing properties for several months now, so it's time to get started. I live in Belgium, so the market is a little different, but the numbers seem to work out for me. S...
I will be house hacking at University in Canada and wanted to know if I should pay for all the bills( gas, electric, water, garbage) or have them pay some other way. The tenants will be people I pick and would be frie...
Hello,I have a tenant who still hasn't put the electricity in her name, and waited two weeks after she moved in to put the gas in her name. It was a rookie mistake that I allowed her to move in while the utilities wer...
If you rent to tenants under the Housing Choice Voucher program, formerly called Section 8, which I recommend, the rent you can charge is limited to what the Dept. of Housing and Urban development list in their annual...
Hey Guys,I am getting close to the settlement day acquiring a foreclosed property and something came up in my mind about unpaid utilities at a foreclosed property. Does anyone know if the utilities happen to remain un...
Please help. Does section 8 pay a higher rent amount if electric (heating,cooking,water heating,other electric) is included in the unit compared to if its not?Location is California.
Eastpointe, MI-48021
ARV: $72K
Asking Price: $52K
Repairs: $2.5K
Rent: $950 per month
What do you think?
I have been utilizing Buildium for about a year now self-managing properties. I've realized after a bit of time that I'm not doing entries, pre-payments, owner draws etc correctly. I've done a bit of research on their...
Hi! I just bought a house and am having my current roommate (friend) move in with me + potentially adding another roommate to rent out the third bedroom. Are there any tips you could give me in terms of writing a leas...
Hi,I looked on my returns this year on my schedule E and on one of my rentals my CPA didn’t put an amount in my utilities section. Would that be a red flag for the IRS for audit? The building is a multi family 6 unit....