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Almost everything I've heard on master-metered properties (Landlord pays electric) is negative. Typically, it's an older property with lower income tenants. The electric bill is the landlord's biggest expense. Sinc...
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Is it a must that Landlord pays water/Sewage bill? Can it be charged to tenants?
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Looking at a couple of different possible multifamily properties to buy and two of the properties I'm interested in have me wondering which is best. Property A has tenants paying utilities but the rents are well under...
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Closing on a 5plex. Just got the submetering quotes and they are.... 5x what I thought they would be. If I need to go forward with shared utilities what are somethings I can do to mitigate the damage?
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I have two duplexes in Rochester NY each with only a single meter for water. Combined it's about 225/3 months I have to take in the costs for, I was wondering if anyone has been successful (or if its possible) in ...
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Why do most landlords pay the water bill in a rental unit?
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Hi Everyone,Im a newbie to the REI game, just purchased my first Duplex in St. Paul, MN and I’m wondering should I include utilities with rent? The water meter isn’t separate and gas/electric is set up to where the to...
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Hi BP family,
I just acquired my first rental property and the utilities need to be under my name or the PM company. However, the PM company charges at 10% markup fee while paying these utilities during vacancy. I w...
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Has anyone heard of CA SB 1210 or SB1212? It has been recently introduced and is supposed to put a cap on the cost to install utility hook ups for new construction and ban hedge funds and corporate entities from buyin...
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Just got under contract for my first investment property! The property does not come with submetering for water. Is it best to install a submeter, and how much does that usually cost? I also read somewhere that there ...