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I have a 2 family that all the utilities have been sub metered so each tenant can be billed based on their individual consumption. The water provider will not read and bill sub meters. Therefore, we have a main meter ...
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Good read. And it begs the question, if you're new to the game, how do you prevent professional tenants from moving in and taking advantage of your lack of experience? Indianapolis' worst renter owes thousands, but la...
Lease states a $25 late fee if not paid by the 5th of the month. Last month a young couple with 2 month old baby paid late. Very late. I was lenient. Why? Because on a hunch I looked at public records and saw that the...
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So I rent a sfh to 4 individual people and doing following to collect bills and utilities, any recommendations to make it automated or anything else for making it faster?Also for the utilities can I charge any extra o...
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This is a long shot: A few months ago I read a post from a BP member showing a letter sent to tenants at risk for eviction. In this letter all negative consequences for the non paying tenant are explained in an easy t...
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I just drafted a document I plan to post at my single family rentals (probably in a kitchen cabinet) that has contact info and some safety messages. Part of it is liability mitigation driven. To better help you unde...
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AllNeed some help/advice My tenant who rented the house for half a decade left only giving 2 wk notice (contract said 3 months). He ruined the place, more than normal wear and tear on floors, walls and bathrooms. The ...
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I own a lot that I rented for a mobile home. The owners of the trailer moved it in and paid like clockwork for the first 6 months then they ran out of propane and the water froze. They then moved out of the trail...
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I have a difficult tenant who will not allow entry so I can make repairs. Anyone evicted for this issue?
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Does anyone has experience buying Bankruptcy Trustee Short sales?I just started stepping my foot into Real Estate Investing. I'm interested in a short sale that is asking for 70,000. The value of the house after repai...