Gabe Goudreau
What Utilities Can I & Can't I Bill Back Tenants For?
Hello BP Community,I'm doing some research into how to analyze utility expenses of small multifamily properties (5-20 units) and I'm confused about which utilities you can & cannot bill back to tenants. I know som...
Jeff He
Cleveland Property Manager Fees
Is it normal for a Property Manager to charge a $50/unit vacancy fee when the property is vacant?"A monthly fee of $50.00 per unit per month for all vacant single family residences and multi-family residences.Is it al...
Ray Slack
Question about Lien on Upset tax sale Purchase
Hello all my PA genius investors!
Need some advice. I purchased a property at Luzerne County PA upset sale and I know I'm responsible for liens/mortgages ect.
My question is this.. there is a PA commonwealth lien...
Atul Mohlajee
Late Fees
I have spoken with various people who impose different levels of late fee, some on sliding scale, others lumpsum fee of 5% or 4%. Some charge late fee on the 4th of the month, others charge on 6th or 10th. This i...
Paul McCormack
Gurus that require profit sharing - Unethical or par for the course?
I recently evaluated a mentor agreement with a nationally recognized expert in SFH investing. Let me state upfront that mentoring and expensive courses are not something that I believe actually work, yet this program ...
Michelle Lyn
Electricity bill doubled with new tenants. Can we investigate?
Hello BP folks! We have a 3-family rental in New York. 2 units have the same tenants for years. Other unit moved in in Sept 2020. Utilities are shared so we include them in the rent. We're seeing this winter that the ...
Clifton Burse
Tax foreclosure overages...
Hello, Im looking for any help in getting started in Tax overages, I don't want to buy a $1000 course about it. Hopefully some help if someone knows about how to do it in the states of Maryland, DC, or NOVA....
Account Closed
Average Professional Cleaning Fees?
Recently received a hefty cleaning fee, being taken out of our deposit. We were renting a 3 bedroom, 1 level house. Half of it was hardwood, the other half carpet. We were charged $109 for the carpet cleaning (per our...
Peter Sik
FTB tax for Murrieta CA 92563
I (foreigner) and my wife own a rental property in area 92563. I see my PM charged me $150 monthly for FTB expense, it is for California Franchise Tax Board. Is it necessary for my PM to collect the tax in advance? An...
Rachel Payton
Insuring a 100 year old apartment bldg
I'm working with a company who owns a small, 19 unit, senior and low income apartment building. The building is 100 years old, but solid with regular maintenance and updates. HVAC was updated this year. They are DESPE...