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Updated almost 5 years ago on . Most recent reply

User Stats

21
Posts
3
Votes
Richard Whitaker
  • New to Real Estate
  • NYC
3
Votes |
21
Posts

Dayton Ohio Light/Power bill & Water bill

Richard Whitaker
  • New to Real Estate
  • NYC
Posted

I’m looking at a 5 unit property and the water bill is $415, $373, $90, $422, and $515 every 3 months since 01/2019 WTF?! do u think there’s a broken pipe or something? And the light bill(common area) double from $80 to $165 i don’t understand 

Most Popular Reply

User Stats

21
Posts
3
Votes
Richard Whitaker
  • New to Real Estate
  • NYC
3
Votes |
21
Posts
Richard Whitaker
  • New to Real Estate
  • NYC
Replied

Looking at the rents minus expenses it’s cash flowing $1000/year smh @Dave DeMarinis

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