I’m looking at purchasing a my first Multifamily apartment 4 unit or 8 unit. One thing I noticed in these older buildings is most time utilities is NOT separated. Therefore, heat, gas and water are ALL paid by landlo...
When I cold call someone and ask if they are interesting In selling and they say no, but I know that they’re house has been vacant for awhile or the motivation is going to come because of money problems , how do I go...
Hello everyone, I plan on trying to purchase my first deal by next July, and I want to house hack a duplex. I was wondering if I should look for a duplex that has a master meter and a sub-meter, or split the utility b...
Pipes froze and now have burst pipe and had to shut off water to the house. I’m guessing it could last a week or more. Any thoughts on how to handle this? The tenant has already been without water for 2 days.Do i need...
Hi everyone, my name is Jon. I hope everyone is well. I am a newbie with my first ever property under contract. I wanted to be preemptive and see if anyone would be willing to give advice on how experienced investors ...
My wife and I put our first unit up for rent and have received some requests asking if we accept Section 8. While this is our first rental, we are wanting to keep things simple and prefer a more traditional Tennant. O...
Curious how some of you with lots of doors handle multiple security deposits? I have been using Capital One Bank 360 (which allows you to have up to 30+ accounts) and creating a separate account for each apartment's d...
I am looking to purchase my first rental property. It is a single family home, with a lawn (totally flat). Nothing to large. Would estimate 30 minutes using push mower.The property has a shed.Whose responsibility is i...
Hi BP,
We have a
semi-urgent electrical issue that needs to be solved in a matter of days rather
than weeks (a tenant bedroom outlet and dining room light is out due to a power
surge). We realize that we need a...
Hello everyone, I’m hoping someone can help me with my utilities questions. This is my first time landlording & I’m trying to figure out how utilities work. The tenant is paying them but are they in my name as the...