Hello everyone! My father purchased what was supposed to be a rental property a few months ago. However, we have been dealing with a huge headache as it turns out the house has no water access! From what I have been t...
I am looking for some counsel on a situation for one of my rental properties.Situation: American Electric Company (AEP) contacted me regarding a utility easement (dating back to 1950) on my property. They want to repl...
My tenant Is moving and I haven't found a new tenant yet so no one will be in the home. Should I rush to have utilities put in my name or should I wait and have the new tenant turn the utilities on? I thought bc I liv...
Hello,My business partner and I are looking at some 100+ unit properties in Memphis and are getting hung up on real estate taxes, insurance, and utility expenses. Is there a reason they are so high? Example: There is...
So my wife and I bought a condo for a personal residence (we have since become landlords on it). The water pressure was so bad when we bought it that it took 20 minutes to fill the tub to wash the kids. We were gett...
Hey Everyone - I have a triplex under contract and am curious on how to approach this situation. The electric is metered by unit but the water is not. Ideally I wouldn't like the tenants to know I'm even paying for th...
We are looking for deals, but the question comes: should tenants pay for utilities: mainly electric & heating oil or would you have the expenses calculated in the monthly rent? We bounced this back an forth but ne...
Does anyone have experience with Student Housing and using an all inclusive lease for utilities instead of having the students put service in their name?
In the milwaukee area, a lot of properties advertise heat included. If I were to find a deal with existing tenants in this condition the rent would have to be lowered if I made them responsible for their utilities. Ri...
Im currently doing a BRRR on a duplex. It was a 2-1 br units. I added a br to the top unity by converting the attic. New paint,carpet etc since it was trashed. I was planning on adding 2 separate gas meter...