We will ask tenants to transfer utilities to their name before handing out the keys. However we are in Tennessee, and we are not sure if we can shot off the utilities on Tenants move in date.
Is it best to go with a brokerage firm or shop around with any local smaller banks for better rates for a multifamily loan 4-5 million?
Hi All,Have a little bit of a weird situation that i was hoping to get some insight on- One of my tenants at my duplex reached out to me about an hour ago, stating that National Grid was at our property exchanging gas...
In a softer rental market like we seem to be in now, it becomes much more important to focus on the boring fundamentals like controlling expenses. One of the ways we have been doing that in our multifamily properties ...
My question is... When do I take out the average 5% vacancy fee and the average 10% maintenance fee? Are both taken out of the gross rental income before all of the other operating expenses or after you deduct the ope...
I have an up/down rental where the upstairs tenant is responsible for the electric bill. Over the past two months, the electric usage has been high and they have been arbitrarily deducting from the rent payment wha...
Hello my fellow landlords! Well I have a few subjects I'd like to discuss. My first is. I have a vacant unit. I'd like to include the electric bill in the rent. How do I go about doing this? The concern is I have a s...
Im an out of state investor looking at a potential duplex. Everything looks great but Im curious how much will utilities typically run me since I will have to pay. Each unit is 1 bed/1 bath and about 500 sqft with e...
I have an off market lead. It is a homeowner who just removed renters from a property. The renters had not paid the electric bill (in their name) for some time. The electricity is off. The owner thinks that the electr...
I keep hearing people looking for houses with two meters, why is this a good thing?