Hey all, What measures do you take before renting to tenants? How do you do background checks? How do you do credit checks? Any advice would be appreciated.Also, how do you collect rent? Do you have a check mai...
Hi,I am in Hartford County, Connecticut. My wife and I have solid jobs are 50 years old and have three kids in college. We own our house outright which is valued @ $375,000. Other than that, no real cash on hand. ...
I have a property where the adu and main house share utilities. adding separate meters isn't an option at this point in time. In the past, I have rented them out with utilities included. When rented out next, is the...
Hi BiggerPocketeers, My Name is Nelson. I've been lurking on the site for some time, and thought I'd introduce myself and where I am at in my Real Estate Journey after all this time. I am a 25 year old San Francisco r...
Good day. When does it make sense to make tenants pay utilities. I have this 4-plex on contract and the current tenants have the utilities included in their monthly rent. 2 are paying 650 and the other 2 paying 550...
Hello BP Community,
I wanted to ask everyone how they conduct market research, what you're processes are, and how you go about filtering all 50 states, to exclude states from your research and how you choose states(c...
Finally found a tenant who pays her rent on time, but now she wants to move out when lease is up due to heating cost. It's her first winter there and propane heat costs 2 tanks a month ($230 a tank). there is also e...
I am always puzzled why people allot 10% of rent for maintenance... I've talked to so many people and read so many posts of situations where the allotment is 10% regardless , eg.Imagine a situation where the rent is $...
Apart from a handful of books, just about all of my little real estate knowledge comes from BP. So I'm naturally curious if there is anything that is thrown around on BP like gospel or common knowledge that may not b...
I am looking to close on my first property in the next month and trying to finalize a few details. The current leases do not go into much detail on how the current property manager handles non-separated utilities so ...