Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago on . Most recent reply

User Stats

5
Posts
1
Votes
Coia Walker
  • Atlanta, GA
1
Votes |
5
Posts

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

126
Posts
59
Votes
Chris Mcdonald
  • Real Estate Agent
  • Arbutus, MD
59
Votes |
126
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.

Loading replies...