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I currently have a legal two-family under contract that was originally a single family home. I am trying to anticipate the issues this will present down the line.1. The townhouse style part has four beds and a living ...
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Hey allI'm looking to see if any landlords in Massachusetts have gone through the process of submetering heat (natural gas). I have a property with one boiler and one gas meter with six zones each with its own thermos...
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My tenant has accrued a large sewer bill that I will have to pay if she does not. In addition she has lost her job and I doubt he will be able to pay April rent. She is paid up for March. If I serve eviction papers...
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My question is I'm a first time home buyer and I want to buy a duplex. Is it ok to have the tenant pay for all utilities plus water. I feel I shouldn't have to pay for anyone else's utility usage.
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I have spent a lot of time on this area in the last few years. We manage larger apartment communities that range from C to A class market rate apartment or mixed use buildings with most properties being over 50 unit...
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My apology upfront, as this is most likely a really dumb question for most of you, I will be closing on a property that will be a rental on10/10 and then another one on 10/20. Not sure what the heck I'm doing, but I...
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In the town I invest in, the Water Department will send a bill to the tenant, but the understanding is if they don't pay, the owner is responsible. I've noticed most other landlords in my market pay the water bill, r...
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I am in the process of firing our PM company. All utilities were set up in their name and they would deduct the bills from collected rent before paying me for the month. To gain more control, I decided to set up utili...
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I have been doing due diligence for properties available in my area based on the 50% rule and $100/door cash flow. What I cannot account for is the utilities. Some of the properties have separate utilities that the ...
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I have only 4 STR doors. I have had a helluva time paying bills on time. I have created a spreadsheet that seems to be less than efficient in identifying all my expenses. I keep getting dinged with new taxes, LLC fees...