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Updated about 4 years ago on . Most recent reply

User Stats

5
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1
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Coia Walker
  • Atlanta, GA
1
Votes |
5
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First Time Multi-unit Owner/ Househacker

Coia Walker
  • Atlanta, GA
Posted

Hello,

I just purchased my first multi in Baltimore that is fully rented at the moment. I'm not sure where to start. I will be living in a unit as soon one is available. I'd like to start by getting the locks changed and separating the meters (owner currently pays all utilities and bills). Any advice on these services or products? Or advice for first time multi owner?

Most Popular Reply

User Stats

125
Posts
59
Votes
Chris Mcdonald
  • Real Estate Agent
  • Arbutus, MD
59
Votes |
125
Posts
Chris Mcdonald
  • Real Estate Agent
  • Arbutus, MD
Replied

@Coia Walker

Depending on your situation, i don’t know if I would waste the money getting new meters. That could open up a can of worms and is not cheap.

I would offer a package deal - flat rate for wifi, electric, water, trash all included in the rent. Then charge an extra $100-200 or whatever you think is fair.

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