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Updated over 4 years ago,
Quadplex Owner Expenses
I am currently looking purchasing my first multifamily. Quadplex. Other than mortgage payment, taxes, water, sewer, trash, grass mowing. What am I missing? Also the electric water heater for coin operated washer and dryer and the electric for the common areas are on the same electric meter as one of the units. How do I as the owner pay for these items? Just knock off $xx for what roughly these items would costs month to month on that particular unit? Thanks for your input.