Hello, Have a question about a property that I am currently under contract with. I have been researching quite a bit on buying this property in Durham, NC while we are waiting on inspection next week.  And I'm not sur...

I made an offer on a property that is considered a boarding house. It is a small row home in Philadelphia that is broken up into three rooms. The only common areas are the bathroom and the kitchen and the backyard. Th...

When looking at the opportunity to increase NOI through decreasing expenses the ability to bill back water/ utilities to the tenants clearly looks like a winning proposition. In many of the C+/B- areas I am looking fo...

We recently closed on a property, where some things slipped thru cracks, during our due diligence. We inherited (Old lease 8 months left) a tenant who doesn't pay for electric because gas furnace is hooked up to meter...

I have a small 5 unit mixed use property in SW Michigan and am trying to determine whether I should implement a rubs system or install sub meters. Is there a rule of thumb on which to use? I got the sense that submete...

Looking for lease addendums for Anyone using RUBS for electric, water/sewer, and gas in the state of Texas. Want to make sure I get the language correct for state prescribed formulas. Thanks!

We are buying an 8 unit multifamily in OR and our new property management company we are considering hiring is telling us billing the water back to the tenants is included in the 9% rent control maximum yearly rent in...

Hello everyone, I'm a new investor focusing on acquiring B/C class small multifamily properties (2-4 units) with goal of COC ~10% (or with potential to get there by adding value). 
In the hope of increasing cashflow,...

Hey Guys, I am looking at buying a 4 plex multi-family house in SJ and wanted to get some clarity on the Utility bill in rent control units.
Land load is currently responsible for the following costs:- Common area PG...

Hello BP! Within the last year, I purchased several properties and I missed one utility bill that went into collections. Since this happened I have paid it off and thought all was well. I went to apply for another mo...