Hey everyone so real quick Ive got a question about Section 8 . First of all what is your thoughts on using the section 8 fair market rent number as the comps for what i can get for a unit , and secondly will section ...
I'm closing on my first property tomorrow, and had a question regarding the utilities that are paid for by the tenants.
Here are the 4 utilities:
Owner Paid:
Sewer
Water
Tenant Paid:
Electric
Gas
It's obvious tha...
It seems like a no-brainer to have your tenants pay for the utilities, right?Why would you (as a landlord) ever consider picking up the bill?
This is an off-market property listed at $85K. There seemed to be a lot of interest in this property, so I anticipate at least offering the asking price. The wholesalers' estimate of repairs was $63K. Knowing he's loo...
I just bought a new house and I will be living in it renting out rooms to roommates. The mortgage payments will be $550/month. Utilities will likely be $400-500/month.I plan on renting out 2 rooms at $450/month each.(...
I was the lucky recipient of 2 letters today from Indianapolis Water informing me 2 of my tenants are behind on their water and sewer bill payments and that Indiana code allows for the sewer bill to be attached to my ...
Greetings Folks!I am trying to find options in dealing with the utilities in a triplex I own. When I purchased it, all utilities were included in the leases. It's an upper/lower duplex (2/1's) with an added attic (1/1...
How would you guys go about making the tenants in a multi-family pay utilities which they all have separate water meters as of right now the recent owner paid all utilities for them.
Hello,I closed on a rental property in October 2019. I established a Landlord Agreement with a utility company that same month, which established that I would be responsible for payments due during the period that t...
I am looking to offer on a multi family property. Currently the owner pays electric for each unit (10 total). Each unit is separately metered and I would like to get them to pay for electric themselves. Looking for ad...