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Hi all - we have an ADU in our single family home and have been including the cost of utilities in the ADU rent. We recently started charging our tenants a $100 flat rate to help cover some of our soaring utility cost...
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Hello all,
I have a problem that I hope someone may have experience with. I am a new REI and I purchased my first property, a triplex in DeKalb County, GA in which I owner-occupy. It has two units on the fron...
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I was recently told that constructing a new home has become much more expensive recently due to more and more regulations having to be met by those building the new property. I didn't think that it was something exces...
hi - after moving out the apartment manager had sent final account statement with additional charges of $1059 for replacing kitchen counter tops, saying they were damaged due to excessive water (my negligence or not i...
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I have a rehab and flip property under contract. Nice house in a good neighborhood. The issue/potential opportunity: the house clearly has a foundation issue. I am not afraid of foundation issues and have rehabbed hou...
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Hi BP,I just got a service call for a leaking filler valve, it was spraying in 2 or 3 directions and leaking down the tank, this is the first day of my tenant living here too. I had my handyman replace the guts and I ...
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Hey Guys-Let me know your thoughts. 3 unit with with market rents of $2700, higher if a closet is added to on of the rooms which is now used as a double parlor which already has pocket doors in it.Units are in averag...
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A tenant just moved out (a couple) after living in one of my apartments for about 4 years. Good tenants, paid rent, didn't complain much. When they left, I walked through the unit and they left it in pretty good shape...
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There is a 6 unit multi-family building in Chicago’s Douglas Park (subpar) neighborhood that advertises a “14%” cap rate as a “guaranteed subsidy.” Aka section 8. It’s also on the MLS. The building is $380k. Fully occ...
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Hi,
I was wondering if any landlord has put a maximum cap on a tenants water usage? For example, if the water bill comes in at over $75/month the tenant is responsible for anything over the $75. So if the bil...