Renting out an apartment in California. A tenant moved in 2 years ago and I have recently come to find out he never tranfered the electricity into his name. Its in the lease that power and gas are tenants responsibili...
Up until yesterday I've always thought it was ideal to split as many utilities as possible, always. My thought was this, if a faucet is dripping (or worse) I want them to think "I'm paying for that water" and either ...
I have a SFR with 2 units. There is only 1 meter for utilities at this property so utilities are included in the monthly rent. I have verbiage in the signed lease as follows:
Utilities – Reasonable utilities are in...
As real estate property owners, we all know that we can rent out units and homes, but have you considered leasing out your rooftop? I’m sure most of you are familiar with 5G connectivity. 5G will not only be faster, b...
A happy Saturday afternoon to you all!I've got two short questions for you(1) Is it more profitable/smart to include utilities in the rent or make the tenants pay utilities and have a slightly lower rent? I know the a...
Hello, I am curious how out of state investors handle things like having utilities turned on for inspections when someone must physically be there?I currently invest in Ohio and have a deal pending. I had to turn on t...
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...
I'm currently looking at a 40-unit apartment in Indiana but one of the bigger pitfalls is that landlord pays all utilities. The broker gave me a utility estimate of $5,000 per month (E-$2,000/mo, W=$2,000/mo, G=$1,80...
We had new tenants move in this past April into an A/B property and we learned they haven't been paying the gas bill. Their credit was 675 and income was good and all references checked out as excellent. We include ...
I am finishing a total interior home renovation on my home. The house is 3 bedroom, 1.5 bathroom, full unfinished basement, one car garage, and the home is located in Long Island, NY. Currently my cousin is living the...