How do you split the water bill among 2 tenants in a SFR property (main house and detached unit)?Is this something you charge and collect separately or is this added onto the asking rent price? Any pointers would help
Hello everyone? I am trying to figure out a good way to account for utilities in my SFH rent by the bedroom house hack. I know other house hackers, student rentals, and transient room landlords deal with this? What is...
How common is it to charge tenants for water and sewage? Doing so would make this 4-plex property I'm interested in worthwhile. I also feel people wouldn't waste as much if they are paying for it. This property is in ...
When you buy an "owner occupied" property from Bank of America, the purchase agreement has a special addendum to cover circumstances that arise when the foreclosed-upon owner remains in the home after the foreclosure....
I have a prospective tenant who wants the landlord to pay utilities and she's pretty adamant about it. This kind of gives a red flag to me but it brought me to this question. Is it possible to put in the lease the max...
I’m planning on getting a sump pump installed under a crawl of my first quadplex. Each tenant has their own electric. Just wondering how it works with the electric bill?
Made a full price offer on a 4 plex, contingent on inspection. Asked for and was given (a few days later) the owners 2014 & 2015 tax returns. The agent is a dual agent, he listed and contacted me about the listing...
Hello everyone,I am new to real estate and myself and father are new landlords also. We purchased a nice triplex and I am a bit concerned about having to pay for heat and hot water. At some point we will figure someth...
Good Afternoon BP! So I just got my first multifamily property under contract. Its currently a triplex (3/2, 2/1, 1/1). The 2/1 and 1/1 are both rented out with longterm tenants on a month to month basis and below mar...
Hello everyone, My wife and I are looking to purchase our first rental property in the upstate of South Carolina and are hoping to utilize this opportunity to do a house hack! However, since this is our first time do...