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Updated over 9 years ago on . Most recent reply

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623
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155
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Jeb Brilliant
  • Rental Property Investor
  • Long Beach, CA
155
Votes |
623
Posts

How to guess what utilities will be on a 12 unit???

Jeb Brilliant
  • Rental Property Investor
  • Long Beach, CA
Posted

Is there a rule of thumb for determining what the utilities will cost on MF? I'm looking at a 12 unit but don't know what the utilities are going to cost yet. It's 8 2 bedroom and 4 1 bedroom, all the units are 1 bathroom. 

Thanks for any input. 

Most Popular Reply

Account Closed
  • Investor
  • Central Valley, CA
3,729
Votes |
6,037
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Account Closed
  • Investor
  • Central Valley, CA
Replied

Absolutely no guessing!  Bad bad idea.  Where are the units?  What type of utility for what purpose? What type of heat, type of water heater, is there ac? Square footage?  Is there only one meter?  Does the owner pay water/sewer/trash?  What docs are available from the the seller/agent? Is there laundry on the property, what type of dryers? Typical household size?

Like I said, no guessing.

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