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Updated almost 8 years ago,
Heat & Water Ball Park Price
Hi everybody-
Im attempting to figure out a rough number to incorporate for expenditures. Specifically heat and water for a triplex in lower Westchester, NY.
Additionally, as I had mentioned before, my idea behind purchasing a duplex rather than a triplex is that my major goal was to constantly have 2 of the 3 units always rented and allow the loss of one unit to count for my annual vacancy rate. That way if all three units are rented out at the same time, I would be able to completely collect from the third unit during the given time frame, almost like an added bonus gift. My logic clearly needs more detailed work but just curious to see what you all think.
Any tips are greatly appreciated!
Thanks,
Matt