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Results (10000)
Sean OReilly Utility billing solution for Mult-Family units?
13 October 2015 | 8 replies

I've been looking at a lot of multi family buildings here in NH, and since many of them are older homes that have been converted into apartments (2-4 units), many of which have common heating systems, so the rent incl...

Tyson Dierschke Utilizing retirement funds from a previous job
14 February 2016 | 7 replies

I have a retirement account from a previous employer. It contains around $23,000. I was considering trying to use this money to help in purchasing my next property. However, this account, while I'm no longer contribut...

Jake Hart Splitting shared utility meters on 18-unit
19 October 2021 | 0 replies

Wanting to get some ideas on splitting utilities between tenants. I’m purchasing an 18-unit mixed used property which consist of 12 residential and 6 commercial (industrial) units. This property is unique as it was or...

Alexander Kneefel Submetering Utilities in Louisville; 12 units - Help?
28 October 2021 | 5 replies

Hello, any recommendations or other help would be appreciated. Currently, have a contract to purchase 12 units in Louisville, KY. Current owner pays for water and electricity. And I live out of state. Does anyone have...

David C. Utilizing Small Business Loans for Multifamily Purchases
27 October 2021 | 0 replies

Fellow BP-ers,
I was interested in hearing from those who have used Small Business Loans (unsecured loans from Fannie Mae/Freddie Mac) to purchase their multiunit deals.  I would be most interested to hear about:
- ...

Kathy Lowery Altering Tenant Utilities to Make Property CashFlow?
28 October 2021 | 4 replies

Is this a thing? I'm considering making an offer on a multi-family.  This would be my first multi-unit purchase. The only problem is that it does not cash-flow due to the owner paying ALL utilities. I don't want to st...

Francisco Milan How Do You Keep Your Utilities Down ?
10 November 2021 | 7 replies

How do you guys keep your utilities cost down ? Do you just write in the lease agreement tenant to keep AC unit at a certain temperature ? Do you use solar panels ? Smart electronics like NEST etc? I am trying to find...

Femi Salami Tenant Move Out, how to handle utilities?
16 December 2021 | 6 replies

I had a tenant move out on a property that I have managed by a local property management company. Should I expect my PM to handle taking over the service of the electric and water bills and charging that back to me? O...

Ben I. How to separate water utility for tenants?
28 July 2021 | 11 replies

Hi. I was wondering how anyone has gone about separating water utility for tenants and billing it back to them? I have isolated all the water lines for my units but haven't figured out if I should call the water compa...

Craig Clark Intent to Lien for Previous Owner's Utilities
25 August 2021 | 4 replies

Hi BP, 
We just got a letter for one of our rental properties (it's quickly becoming a problem property for me,) and it is a "30 day notice of an intent to file a Municipal Lien" for an $8000.00 past due utility bill...