I'm supposed to take a look at an 8-unit building this weekend. For some reason, the current owner includes gas and electric in the rent, even though they're both separately metered for each unit. Is there any good ...
I'm closing on my first property tomorrow, and had a question regarding the utilities that are paid for by the tenants.
Here are the 4 utilities:
Owner Paid:
Sewer
Water
Tenant Paid:
Electric
Gas
It's obvious tha...
This is a debate that occurs often in the 50% rule.
Some argue that with owner paid utilities, your expense ratio could very well be much higher than the average 50% while others argue that the rental rate increase fo...
I own a 3 family apartment building that has natural gas for heat. My third floor apt was occupied when I bought the house but the tenant moved and I had to do some major rehab. When I began rehab the heat was still...
Hello:
I am in the Army and just bought a Fourplex.
My problem is that the electricity, gas and water are not split up. The current owner/landlord paid utilities. I dont want to do this and am looking into my option...
Looking for someone to do utility hookups for 2 flats in DC. Got quotes from both of these companies, located in Virginia. Anyone used DMV Plumbing & Waterproofing (https://www.woodbridgedrainrepair.com) or Nelson...
Good Evening all. So back in 2018 i purchased a SFR with an attached Accessory Dwelling unit that had been approved and built back in 2012. I went to the county and got seperate addresses for the property (Unit A/Unit...
Hello All hopefully this is an easy one to answer. I did some searching but couldn’t find the answer so I’m putting it out there. I had a tenant move out in September 2019 and I did not go in to make it rent ready unt...
Hello BP Community - Does anyone have experience with how to handle past due utilities from a renter that has since moved out and will not pay the move-out fee and final meter reading on their account? I realize this ...
We are about to close on a duplex that has separate electric but only one furnace, AC and hot water heater. Anyone have ideas on how to best split the utilities or bill back to the renters?
Currently there is only on...