Axel Lafortune
Water Heater - Buy VS Rent ?
Hi BP,I need to replace 3 water heaters in my building and considering wether I should rent or buy new ones. On one side, I could buy and instal new ones ; in terms of cost it's gonna be a 1 time expense and if anythi...
Maximo Dejesus
Effects of receiving equity payments and social security
I presented an owner with a sub to deal for his home and he asked how will the monthly payments he would receive for his equity effect his social security income.He is afraid it will show he is making too much money e...
Chinedu Akunne
Pay to split water meter? Or Surcharge tenants?
Analyzing some deals on ways to increase cash flow on multi-family properties...One of such deals is a 5-plex, with one water meter. Current landlord pays about $60/unit/month on water, sewer and garbage. That's $300/...
Rebekah Meyer
After giving tenant a discount, received nasty text
Hello, I’m a new landlord, experienced flipper. On our first rental everything was remodeled. We basically rebuilt the entire house. But first of May the tenant reaches out to me and tells me the AC failed to come on....
Sophie Mia
Replace gas heat with electric baseboard heating in Triplex - Philadelphia?
Hi everyone,
I am buying a triplex in the Philly area which is currently supplied with gas heat (for the entire house). The heating unit is very old and would most likely not make it another winter, so I defi...
Arron Achey
How to list utilities in lease during transition
Hello all,Quick preface to question, I have a current tenant who wants to renew and I would like to renew her as well. I have a current duplex running on one electrical panel and looking to have it split as previous t...
Garry C.
Unauthorized Maintenance on Water Heater - Bill the Tenant?
Apparently there was a 'hiccup' with the gas the other day, and my tenants needed to relight the stove, fireplace, and hot water heater. They told me that on the heater they removed the door with the sticker that said...
Jeff Stein
Monument sign rent vs flat fee
We just purchased a new commercial multi tenant office building. We are putting up a large back lit LED monument sign on the building to gain visibility on a very busy street out front. We have 8 available slots for t...
Bruno C.
Theft Protection
Hi all! Just closed on a property and the seller just removed the alarm system so we're going to replace it. Since I'm in a somewhat high area for theft, I would love the BP community's help on the following: 1. What'...
Cody Timmers
Interior door replacement cost?
Hey all! What on average is everyone paying for labor to have interior doors replaced? (tear out, and install with a new pre-hung unit)I just got a quote, and I feel that it may be a bit on the high side, so I would l...