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Updated over 8 years ago on . Most recent reply

User Stats

126
Posts
18
Votes
Bill E.
  • Pittsburgh, PA
18
Votes |
126
Posts

Duplex utilities

Bill E.
  • Pittsburgh, PA
Posted

I found a nice duplex for 120000, good location.one side is 2 bed 1 bath, other is 1 bed 1 bath. Figured I could get a gross rental income of at least 1200.No utilities are separated. Would you avoid this one because of the single utilities?

Most Popular Reply

Account Closed
  • Investor
  • Orlando, FL
780
Votes |
1,351
Posts
Account Closed
  • Investor
  • Orlando, FL
Replied

You guys are not looking at this deal properly. If you the tenant does not pay for certain utilities then you can split up the utilities by the sq ft each unit is occupying. You did not tell me the sq ft of each unit. Please tell me what it is and I'll explain how this works. This works in any MF property regardless of size. This process if called RUBS. 

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