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I am a new investor and will be living in my duplex in which gas, water, and trash are on one meter, but electric is split. There is only one A/C unit which is connected to the rental sides electric bill. Living in Io...
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I just closed on a house in Baytown with a detached garage that already has water and electric run to it, so the plan is to convert the garage into a garage apartment that I will rent out separatelyI contacted the cit...
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I'm looking at buying quads here in Phoenix. Some of the properties I look at note they pay all utilities. When I run the numbers only paying sewer/water/trash they cash flow well. Paying everything seems to make t...
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We had new tenants move in this past April into an A/B property and we learned they haven't been paying the gas bill. Their credit was 675 and income was good and all references checked out as excellent. We include ...
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I have gotten myself into a bad situation: utilities are still in my name months after tenants moved in.
I do understand the error and how to avoid it in the future: please don't tell me what i should have do...
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Hi everyone,I'm looking into small and medium sized apartments in Windsor Ontario and just wondering how common it is for the utilities to paid for my tenants? Most of the properties I see don't cash flow well but I'v...
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Hey BP,I keep passing on multi properties that have common water because I don't want to pay for any utilities. Now I am wondering if these are missed opportunities. Can anyone tell me ways to separate common water an...
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Hello everyone! My partner and I recently purchased a 3-family rental property. The first floor of the property used to be occupied by the owner, and the other two units were rented. We will be renting out all 3 units...
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Hi everyone.
I hope you are staying safe and healthy during this time.
I currently self manage my family's residential multi-family portfolio in New Jersey. We have never charged back to the tenants the sewer u...
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I know what most of the advice will be but I am just curious. I am currently looking at two small apartment buildings, 6 units each, both include all utilities. The concept of including all utilities scares me becau...