I have a 3-flat in Berwyn, IL and I'm required by the city to replace the electrical panels and some other misc. stuff. I had wanted to wait until all the tenants were moved out of the building to get the job done so ...
Hello BP community, I am under contract for a duplex that has one electric meter and one water heater for both sides. The duplex is a rehab property. I have two questions :1: Do I need to add an electrical meter (so I...
Hello BP Community.I am in talks to purchase a 20+ unit apartment building in So Cal for 1,450,000. I went over the property operations and agent just disclosed units are sub-metered for electricity. Agent said that ...
I got an interesting call from one of my best tenants. These are long term tenants. They have never been late in paying rent. They are responsible for all utilities. It's a 5 bedroom house. Anyway, they asked if i...
I have noticed that a lot of rental units have furnace and hot water heaters in the unit where the tenant pays all utilities,is this because it is cheaper in the long run to add the furnace and hot water heaters duri...
You all have been such I help. I am slowly spending more time on BP. Thank you. Looking to buy a duplex with a shared boiler. Two story, one unit on each level with a full unfinished basement. The boiler is only 1...
I am getting ready to rent out my first house (it's my dad's house, he's in a dementia facility now). One basic question that I have: what, exactly happens with the utility bills once a renter moves in; do I change t...
Just got a flyer for my duplex in Hallandale, FL stating next year the utility accounts - water, sewer, sanitation must be in the name of the owner on record, and not the tenants.Owner will get a bill, and be responsi...
Har har har. I don't like it.
i recently read an article that there is a 30% Federal Tax Credit for instakking Solar PanelsDoes anyone know if this is for investment properties as well