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Good afternoon. im new to investing and was just wondering if it was better to charge a fixed price on rent that includes water and electric or should the renters get a water and electric bill every month. Thank you.
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Hi everyone,In February a pipe burst in a rental property we own in Indiana. The flooding damage cost about $10,000 to repair, and now we've been going back and forth via our property manager to settle the claim with ...
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So my offer on a duplex in Delaware County, Pa got accepted today. The property is in great condition but has one problem. There's only one gas meter for the property. There's also one water heater and one furnace. No...
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Hi everyone. I'm looking for advice. I'm renting a 3 bdrm-1 and 1/2 bath rowhome to a tenant family of four adults who are habitually late with their rent payment each month. The tenants are reasonably clean, so no is...
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Dear community,how do you guys handle the utilities during vacancy? Do you ask your last tenant to keep their accounts active (if they paid their own utilities) and then reimburse them upon new tenant moving, or do ut...
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Hello all,
Thank you for your advice on my earlier questions. I have another follow-up question:
My tenants (and roommates) have month-to-month lease agreements. They are scheduled to move out at the ...
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I am closing on my first buy and hold. It is an up and down duplex that shares a furnace. Should I pay for the gas bill, or split it 60/40 between tenants?
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I have a long-term month-to-month tenant who gave me a 30-day notice 2 days ago in writing to voluntarily terminating his tenancy at the end of this month (10/31). I know I need to give him back his security deposit m...
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....
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We have detached 4 Plex in Alaska. We purchased the beginning of the year. The leases are month to month, and it included heating oil when we bought the property. How can we go about having the tenants pay for their o...