So my business partner and I just closed on our first rental deal. Rental has great cash flow, but being a new landlord I have some basic questions so I figured I would turn to the biggerpockets community. Is it bette...
Hi everyone,I wanted to get some opinions on a possible triplex I am thinking about offering on. There are two 2BR units and an efficiency apartment in the basement. All 3 units share the same heat/water/sewage. The 2...
Hi all! We are looking into trying to get a rental property, but have a question on how to include utilities in the rent. In North Las Vegas, where we are located, the tenants are able to get trash, water and sewage u...
Hello BP family!
I purchased a property in July with a SFH with two ADUs in the back. I did see that SB7 said that multifamily properties would require submeters installed in every unit. For the first question, since...
Hey everyone,In addition to owning property I also happen to be a renter. I have a question from a renters perspective.I have rented a house in Colorado for a little over 4 years. A couple hundred feet away sits a l...
I am a 1st time house hacker and my tenants which were also teammates were signed to a lease from Aug of last year to July of this year. Since it’s now summer and they all moved back home and are also graduating they ...
Hi again - I think my last posting may have been a bit long so I'll make this super short:
Has anyone ever encountered an REO property that had been abandoned and utilities not turned on? We live in a fairly cold cl...
Hi Everyone,Would things like an electrical bill I pay for common areas and the water bill which I pay fully be tax deductible or are those just regular expenses?Much appreciated,Art
Good morning, I really appreciate any constructive feed back. I just bought a property in PA with tenants in it. I didn't ask to have them out (big mistake) They where not paying market value rent and only electric a...
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...