Dennis Moore
General Question About Water and Sewer
Hello I'm close to St Louis. I wanted to know who pays for Water and Sewer if the Owner pays do you roll that into the rentals or have them pay a percentage separate.
William Coet
Massive Water Bill From Leak. Will Insurance Pay?
The leak was caused by a hole in the water supply line. Does anybody know if homeowners insurance will cover the massive water bill (over 10k)?
Pablo Aizpiri
Looking for a CPA to validate my tax strategy so I can take next steps.
Hello,I'm in Texas and am I wanting to discuss the possibility of kick starting my real estate investment journey with STR and also using that offset a fairly large W2 tax liability I have this year.I basically need t...
Sean McDonnell
STRs in Mountains vs Beach Towns
There has been a lot of talk recently about short term rentals in mountain vacation towns (thanks @Avery Carl - but really your episode was awesome) but are there a lot of you who invest in beach towns? We own two bea...
Luis Garcia
How much more rent for turning a 110 sq ft bathroom into two smaller bathrooms?
First post. I have a 5 bedroom (100-200 square feet each) and a master bathroom (110 sq ft) inside the master bedroom with a 42 sq ft bathroom in the house. Planning on renting it out for $3000 a month ( well insulate...
Kristin Riker
Calculating Utilities for Tampa rental
Hello,
Currently interested in a house in tampa that has an ADU in the back. The front is a 2/1 the back being a 1/1. There is no separated water/electric meter, I'm going to have to calculate it into potential ren...
Michael Vigneault
Splitting utilities in a 5 plex?
I'm wondering if anyone has advice: The water utility is no problem - divide by # of people in each apartment, add into rent. Each tenant has his own electric bill.Gas is the issue - only 3 apartments have gas, all w/...
Henrik Frank
Do the 50% and 2% rules apply to condos?
Since many condos have outside and structural maintenance built in to the HOA fees - do the rules still apply? I realize that some maintenance always will be necessary, but it seems some of the bigger ticket items can...
Steven Barr
How much does it cost y’all for “turns” between tenants?
Hi BP!When a tenant moves out of your single family property (say 1500ish square feet) and you have to go fix the property to get it ready for the next tenant…. How much does this typically cost you? What type of repa...
Chris Kurisu
What would be the best use of 140k
Earned 8% on 213k invested last year but moving to safer harbors, very likely to be closer to 5% next year. Carrying 235k @5% on a refi from '14 (don't ask) and have a strong desire to reduce the mtg pmt. Value $510 a...