I recently purchased a duplex in MN and am wondering how billing for electricity (without separate meters) can be accomplished? I have all utilities in my name but would like to add a fee each month added to the rent ...
Hello all:Some duplex and other small multi family units have some of the utilities bundled together (in our case it's sewer & water), these are paid, in many cases by the building owner, and included as part of t...
When forming an LLC with multiple members, what are the benefits and cons of choosing to create a multi-member LLC vs a single member LLC? Initially, I am aware that a single member LLC might be easier to file taxes o...
I had some tenants just move out who had lived in our rental for 4 years….and during that time period they “really wore the sh#t out of the place” (to quote my husband). They were not mailicious, but by the looks of...
Hello everyone, I was told by an attorney that the corporate veil of a single member LLC is easier to pierce and thus has less asset protection and charging order protection than a multi-member LLC. That's why he tol...
This time around I've noticed more and more applicants asking me this right off the bat. They've told me they don't want to deal with houses run by a PM.
I've never probed for the reasons why. Is this because of the ...
I'd like to know the best way to deal with heating in a single family home. As a landlord, I get a substantial discount on fuel oil that amounts to $500 per home per year. In multi-families I just include heat with t...
I have been using Tenantcloud to manage my 40+ units and so far I was satisfied from the features they provide for $144 per year. But recently they switched their payment provider from Dwalla to Stripe and Stripe star...
I have a number of rental properties mostly single family/duplex. I typically charge one months rent for a security deposit. Recently I charged two months because the person was self employed and verifying the incom...
Hey All,
I am currently managing a 4-plex for a friend which he just recently bought and inherited tenants. Being fed by a single meter, The previous owner had been charging flat rent and then having them Venmo her ...