28 October 2025 | 9 replies
This will further dissuade tenants from using the common areas, which can reduce your liability and risk of fire, etc..If it's a small multi, I would put all the common area utilities on one unit's account and sign a utilities addendum with the tenant and give them a rent credit each month.
28 October 2025 | 10 replies
I pay all utilities.
5 November 2025 | 3 replies
Also ask tenants if there are any recurring issues.Typically when completing the due diligence, you'll have a chance to see the current Sch E, which will list utilities if the owner is paying anything.
21 October 2025 | 5 replies
I recently dealt with an eviction and associated unpaid utility bills on a KCMO SFR LTR near St Pius HS, and the utility company confirmed that the bill follows the tenant if in tenant name.
5 November 2025 | 0 replies
I’ve been seeing more investors use asset utilization loans lately, qualifying based on their liquid assets or portfolio instead of income or tax returns.For experienced investors or self-employed borrowers, this seems like a powerful way to unlock equity and keep scaling even when write-offs limit income on paper.Has anyone here closed a deal using this type of financing?
13 October 2025 | 1 reply
We have a cleaner who does deep cleaning at the end of each month, and another who handles two hours of common area cleaning mid-month.
6 November 2025 | 6 replies
But generally speaking, managing your credit score is a common task for real estate investors - especially for those who make use of credit in the purchase and rehab of properties.
29 October 2025 | 12 replies
They come under an HOA because all of those private items are what is known as 'common area' or that everyone in the development has a 'common interest' in the areas.
5 November 2025 | 4 replies
Overruns are common, especially if you’re new to managing contractors or doing the work yourself.Ask yourself: is your time best spent on labor, or on finding the next deal?
5 November 2025 | 12 replies
.💡 Utilities – If you pay for water, gas, or electricity, those are deductible.🧹 Cleaning & Landscaping Services – Routine upkeep expenses.💼 Professional Fees – Legal, accounting, or property management services.🧑🔧 Contractor Labor & Supplies – Any materials or hired help for property improvements.🚗 Mileage/Travel – When traveling to inspect or manage rental properties (keep mileage logs).💻 Office Supplies & Software – Including bookkeeping tools, printers, and even part of your home office.Creative Ways to Give Back — and Still SaveGiving back can also be tax-deductible when done thoughtfully:🎁 Tenant Appreciation Gifts: Small gifts such as gift cards, snacks, or holiday baskets (under $25 per tenant per IRS rules) can be deductible as a business expense.🏘️ Community Donations: Contributing to local charities, shelters, or community events near your property may be tax-deductible if donated to a registered nonprofit (501(c)(3)).🧤 Property Improvement Drives: Donating old appliances, furniture, or materials from renovations to nonprofit organizations like Habitat for Humanity can qualify as a charitable deduction.Pro Tip:Before December 31st, review your receipts, invoices, and bank statements.