Greetings BP!I'm about to buy my first multi unit, and currently the owner pays gas, water, sewer, and trash. Also, the building is in need of significant repair and current rents are $375 for an efficiency up to $57...
What is your average water &trash bill? I have a 3 flat. All have in unit washers. I got my 1st bill and it was 298 for one month. 2 units have 2 bathrooms and 1 unit has 3 bathrooms
So i have two duplexes that are mastered metered(2 meters) so i'm unable to individually track each tenants usage. BUT i have spoken to a company that does sub metering so I'm in the process of getting that installed....
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...
Hello BP members, So I have a property in Camby, Indiana where sewer is managed by the Tri-County Conservancy District which is billed separately (flat $64 per month) and can't be transferred into the Tenant's. I was ...
Hello everyone,I currently live in a property I purchased earlier this year with utility & water/sewer billing currently under my name. I intend on renting my home this coming August to a potential tenant. I can't...
I have seen multiple landlords in my area (State: PA) list rentals where the landlord is requiring tenants to pay some utilities or a portion of (pay gas, electric, no water). My friend is about thinking of signing a ...
We have been exploring new ways to increase revenue at our apartment complexes. 90% of our tenants are well below market value on rents. Obviously, we are looking at raising rents but we are also looking at "Rubs" R...
Anyone in Michigan ever use this ratio process to have tenants pay for utilities that aren't sub-metered?Just heard about it, but I can't find anything about the legality of using it in Michigan.
Hey BP Community! I'm trying to get some things sorted out for a first buy and hold property. It's a duplex and I will be living in one unit, so only one will be rented. I plan to have the tenant pay for all utilities...