Hello, I have recently closed on my first deal in Charlotte, NC. It is a single family home with a walkout basement that has been finished to be used as a separate dwelling unit (has full kitchen, bathroom, & bedr...
I sold a house in Atlanta Georgia four years ago and forgot to cancel the landlord agreements in place with the power and gas companies. The current tenants who moved in in August never put utilities in their name so ...
Hi all. Last year I purchased my first rental (BRRRR) for $115,000, and put around $30,000 into repairs. It appraised for last month at $220,000 in which I was able to do a cash-out refi and pull almost $30k back out....
Hi all!
I'm looking into purchasing industrial-zoned land around San Antonio, TX and attempting to spec out the cost of building a flex, multitenant warehouse from the ground up. This would be around ~10k SF, steel o...
Im looking at a duplex and a 12 unit. Both only have 1 meter. I’ve never had this issue so I’m wondering if it will be best to leave it as 1 meter or pay to get separate ones.
I have tenant that signed a lease in September for $1125/month. She has paid in full every month, but a couple things. I have the water and sewer in my name because they are lienable. She never put the electric in her...
Hey everyone!
I have a 12 unit value add deal under contract. This is my first step up to real multi family. I currently have duplexes and single family rentals.
About the deal:
725K purchase price
108K gross rent
...
Hello BP community,I have a newbie question. Let's say you own a rental property. How do you go about arranging the electric, gas, water, and other utility bills to be paid by the tenants? Do you deactivate the ser...
Hi All,
Currently, we reside in a 4-bedroom, 2.5-bath house located in Santa Cruz County, California. Additionally, we have a 2-bedroom, 1-bath, 800 sqft. Accessory Dwelling Unit (ADU) that we lease to a long-term te...
My parents bought a house and rented it to my Brother and girlfriend (both on lease), in the lease it says renter is responsible for all utilities. Warning: My parents made a LOT of bad decisions on this so please ...