Bob Collett
winterization & utility reversion
Welcome to winter. The Northeastern Ohio (Cleveland & Lake Erie) winters can be somewhat harsh. Today we are looking at 28 F, but by the first week of December, it can often dip into the teens, or even single di...
Kenneth C.
Early Lease Termination (Utilities)
BP,I have a tenant that will be terminating their lease unexpectedly and early (April 1, 2019). Currently, the tenant pays all of the utilities with the exception of the water. Do I inform the utility companies and ha...
Grace Donahue
LLCs and Utility Payment
Hey guys,My dad and I were wondering what we should do when it comes to LLC's and Utility payments. Should we have a one LLC to one property ratio or would it be better to have multiple properties under a few LLC's? A...
Account Closed
Utilizing private money lenders
I recently found a property that I would like to rehab and sell. However, I can't finance it myself and I am in search of a PML. My questions to the BP community are: do you have to put money down (if so, how much?) a...
Logan Pou
Who Pays The Utility ?
This might be a really dumb question, but this question stems from the Rental Property Calculator. If you don’t include utilities in the rent, then do you still need to add a value into those slots ? My impression is ...
Sandra Pinzon
Chicago Utility Bill Question
Hi Everyone, I just bought my first property in Albany Park, Chicago and received my first gas bill - super high! I wanted to ask how other landlords /if other landlords split the gas bill among all the tenants if the...
Peter Davis
Cape Coral Utility Assessments
With the construction boom of single family homes in NW and NE Cape Coral it's important for buyers and investors to understand the city's Utility Extension Project and the resulting assessments that are passed on to ...
Jasmine Colon
Combining utilities. PLEASE HELP !!!
I recently bought a 2 flat and i decided to take the 2nd floor, I’ve noticed that the basement and 1st floor share utilities, is there any way I can have the basement utilities be connected with mines (2nd floor) inst...
David P.
2 unit utilities shared
I have 2 units that share utilities recommendations should I just charge more for rent charge a percentage and those 2 units or just get the utility separated
Paul Hamilton
Estimating Rental Costs (Utilities)
Hi all, I'm running each multifamily property in my area through the rental calculator as practice (while also looking for a good deal) to buy my first duplex. I'm not entirely sure how to calculate numbers. The "Help...