Lee Stephens
Utilities After Closing & Acquiring Tenants
Hey BP, In 2 weeks I will be closing on my first property that will have two vacancies, which led me to a couple questions regarding utilities and new tenants. 1). If a prospective tenant was to ask what a general uti...
Eric Karabinos
Transferring House to New Lot (Utilities)
Hello Everyone,
I'm looking at transferring an existing home from one lot to a new lot. The numbers seemingly work, however, there is one variable I'm missing due to lack of experience. What is the process like for s...
Courtney Murphy
Whose Name Should Utilities Be In??
Hello,I am wondering if there are any reasons for or against having the utilities in my name vs our property manager.Thanks!
Kaden Keller
How to Best Utilize my LLC
I recently bought a rental property and I set up an LLC and a separate bank account for it. I rent to college girls and most of them want to pay via Venmo. I don’t want to set up a business Venmo account and lose 2% o...
Account Closed
Tenant Water Utilities and Lawn Care
I am renting the main house on a property that also contains a small casita on the back half where the landlord lives. The last two water bills I have received indicate that I use an outrageous 130-150 gal/day as a si...
Nicco M.
HELOC Payoff / How to best utilize
Hey BP!
I have about 85k equity in my primary residence and have been considering using a HELOC against my primary residence to purchase an investment property.
Am I correct in assuming most of the cash flow I’d ...
Kamron Lewis
Should I include utilities in rent?
I am a new investor, househacking a duplex in the Pittsburgh area. Unfortunately I only have one meter for each utility. Would it be better if I added utilities into the rent or had my tenant pay back for utilities ba...
Sebastian Roy
seperating utilities on a single family
Hello everyone,
I'm currently analyzing a single family house hack which I'm planning on renting the basement as a seperate unit and I'm wondering if how to bill the utilities once I move out and both units are rente...
Ian Loonce
Energy choices when we pay utilities?
I was recently told about https://energychoice.ohio.gov/ as I'm getting worried about rising electric/gas bills that we pay on multi units.
I currently use dominion/first energy.
Are there other choices in Ohio that...
Dion Watts
How to split common area utilities
Hi y'all
Recently purchased my first multi-family home last month with my sister and are looking for renters at this time. I am trying to get some information from experienced landlords how they have split up utilit...