Hi All, I am buying a property to use it as house hack ( using one room and renting the others), the property is 360K worth, I want to calculate how much tax deductible I can get, whether that deductible offset, the 7...
Hi BP! We just acquired a house we are fixing up and may use as a rental.I found out that the city water/sewer bill AND electricity both stay with the propery. I am used to water/sewer being attached only. Has anyone...
When house hacking or just renting in general, what are the pros and cons of including utilities?
Also, same question but with furnishing
Hello BP!As I'm still getting more into things I'm starting to look at properties and ask myself (why hasn't someone already scooped this up?). With that said I wanted to run one such deal by the community for furthe...
BP, I just purchased and rented out my first (2) student rental properties. The first group of tenants moved in on June 1, and the others on August 1. For the first group, we put together a Move-In form with detailed ...
Please share the best way you have found to handle water bills. I am trying to find the most hands-off/time-saving approach. I will share my current approach now and if you have suggestions please share them.(My proce...
Hello, I am trying to move into multi-family investing and currently practicing running the numbers. One part I am struggling with it to figure out how much I would be paying for utilities. I dont see any mention on l...
I'm just starting out and looking into 2-4plexes. Is there an easy way to figure out which utilities the tenant pays and the landlord pays?2-4plexes seem to add an additional layer of complexity because in these the l...
I have an eviction case against a sec8 tenant which prevails in the precinct court, but the tenant appeared to county court. Yesterday I got the letter from her attorney appointed from the court, saying I owed her all...
Hello BiggerPockets Family!I am a new real estate investor in California looking to do my first deal in the next year. My goal is to househack a single family home by finding one with a guest house and living in that ...