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How many other property managers here put the property water and power bills in there management companies name between tenants?We are getting ready to list 6 properties from rent for an investor and this has come up...
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I was recently at a payment center for my local water and power company and I began a discussion with an RE investor and he was outraged at how his tenants were consuming water. This landlord, I kinda felt his pain, s...
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Hi All,I've just closed on my first single family in Tennessee. I've just called the various utilities and been informed that I would need to come into the office in person in order to have the accounts switched over ...
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Hey everyone,I have 3 units right in the middle of where Irma went through. Most things were fine, except a giant oak tree fell over. When it fell, it took out the power lines and broke the water line below it. The...
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I just had an accepted offer on a 3-story 2-family house in Connecticut (2br first floor, 3-4br flex on the second/third floors) and in checking out the basement, all utilities were split besides heat, which is powere...
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Hey BP,I’m closing on a triplex in Akron soon, our first multi-family, and was wondering how utilities for shared/common areas were handled. I’m sure for commercial apartments, there is a separate electrical box paid ...
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I have a rental in which I have an attached mother-in-law suite and then the main house. The MIL pays an all inclusive $1100/mo and is on a verbal lease. The main part of the house, I put on regular 12 mo lease with ...
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How many of you have power and water turned on in your name during the rehab portion of a BRRRR property. My contractor says he would prefer that I have it turned on but he has generators if I choose not to. Aside fro...
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Have you replaced your water heater anode rod with a powered anode rod, such as one from Corro-Protec?The Corro-Protec marketing claims are they are a once-and-done replacement that extends your water heater's lifespa...
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I've read quite a few posts about sub-metering water and power for a large home that was converted to multiple units. However, I feel like I may be misunderstanding how it works. I've contacted a local electrician a...