Justin Dragon
Solutions for submetering water in a multifamily
Good morning all,I just secured my first triplex in the Hampton Roads, VA and am looking to optimize cash flow. Does anyone have any best practices to equitably charge tenants for water usage? Set up has 1 detached un...
Isaac S.
Court Case Water Bill
Hi, it seems for one of my properties we weren't getting the water bill for some time and i received a court hearing now for not paying (and worse of all its on a Saturday morning). Any suggestions on how I can just p...
Adam Pervez
Submetering Water Expense
Hello,
I am looking to split the water expense and wanted to know who I can reach out to that can help out with the process. Would it be a plumber? Has anyone gone through this experience before that can share what n...
Harry Lin
Help! Messy Situation and Need Advice ASAP
I posted this on the landlord/tenant forum but also want some input on the Philly sub as the property is located in Philly. Mod - feel free to remove if I am violating any rules. Apologies in advance.This is a complic...
Abi Wegman
How to make low-rent properties cash flow?
Most of the expense assumptions I use are based on rent. For example, I budget 10% of rental income for PM, 10% for vacancy, and 10% for capex/maintenance. Then there are fixed costs: I generally budget $700/yr for in...
Joe Conklin
Water Bill Due Question
I have a rental property where I have my tenants pay the water bill. My township has residents pay the the water bill every quarter and have a question when the tenants owe me they water bill payment.The way I have b...
Lilian Gonzalez
Tenants Complain about Utilities
Good morning, I really appreciate any constructive feed back. I just bought a property in PA with tenants in it. I didn't ask to have them out (big mistake) They where not paying market value rent and only electric a...
Ruth Ann Morris
Passing the cost of utilities on to tenants
I am considering purchasing a duplex in Sioux Falls, SD that does not have separate meters. Up until this point, from what I understand, the utilities were included in the rent. That works great if you own the place...
Patrick M.
Trouble getting rent... How is that Rubs working for you?
I have always benefited/profited from having the water built into my rent. I have also benefited from the young professionals who are attracted to a unit that is not subsidizing other tenants. I recognize it works for...
Patrick Hall
Analyzing / Estimating Utility Costs
Ok.....basic question - how do you analyze utes for rentals? Garbage, water/sewer, heat for boilers (multi family), etc? Are SFR's different that duplexes, multifamily. Thanks in advance for any help.Patrick