Chris Hoffmann
Title Report Came Back Different?
Hi BP,First time posting. I am currently at contract for a 2 family. The house is set up as a two over two.Tenants currently in place and would like to stay.Property cash flows nicely and the rents are below market ...
Christopher Griffin
Forming out of State LLC
I have a basic question of forming an LLC out of state for rental properties. I will eventually be utilizing the guidance of an attorney to cover all my bases, but I'm looking for some initial insight. If I am going...
Calvin Lin
Extremely high utility cost
Hi folks,I have a sticky situation at one of my condo rentals in Raleigh, NC. It is a 4 BR unit where I pay the utilities. The renters are all students at the nearby State U. The electricity cost is paid by me due ...
Account Closed
Charging Tenants for Private Utilities
We recently purchased a small mobile home park in New York State. We are on private well and septic. Our contractor had mentioned that we could install meters on each of the pads and have tenants pay for the water. I'...
Kris Betkowski
Tenant not paying utilities
Hi to All,I’m looking for advice on Utilities not paid (Ontario). I have a currently financially struggling tenant occupying my rental unit. The lease agreement indicates that they are to pay the hydro and gas utiliti...
Alex Tanyi
Advice: Potential unpaid utility bill & property inspection.
Seeking advice from seasoned professionals here. After parting ways with a property management company for not meeting expectations, I took control of four properties, retaining the existing tenants. I had them sign a...
Steve Genna
Real Estate Minded CPA Recommendations?
Hello BP,I am new here and fairly new to the real estate investing marketplace. I personally own (but will transfer deed to a SMLLC) a NJ condo that I rent out but would like to utilize a 1031 exchange to pick up a f...
Pranav Parikh
Insurance coverage in disaster zone - asheville/swannanoa/black mountain
Hi everyone, I have a property in Swannanoa that was affected by the hurricane. I have Proper insurance, tailored to short term rentals. As many STRs in the area, I have been dealing with cancellations and loss of rev...
Bill E.
Duplex utilities
I found a nice duplex for 120000, good location.one side is 2 bed 1 bath, other is 1 bed 1 bath. Figured I could get a gross rental income of at least 1200.No utilities are separated. Would you avoid this one because ...
Account Closed
Terminating Utilities
Today is Monday 14. We are to go to the title co on the 21st to sign papers, and the agent said we will try to close on the 23rd.
What date should I have the utilities stopped? I would like to g...