All Forum Posts by: Dayana García

@Theresa Harris I can't charge them for utilities, they are not split. Water and sewer, electricity, gas are not split between the 4 units. Only 2 electric meter, 1 boiler. So, it is not possible to charge them utilities separate as it is now 

@Drew Sygit yes, pretty sure we have only 1 unit occupied, we are about to have 2 rented out, property management qualifying them, still 1 vacancy... 

Just bought it 3 month ago and haven't been able to separate the electricity meter. Only 2 electric meter splitted between the apartments. building has 2 furnace and 1 boiler. So, no sure how expensive it is. Would look into cuotes to check my options, thank you. 

Hi all! Recently bought a 4-plex, 1/1 each apartment. One unit was rented when bought it, paying 650$, utilities are included. During the first month I received a utility bill of 153$, 2nd month was 620$ so my property manager sent them a letter to ask them to be more mindful with electricity. Well, this 3rd month received 862$ as utility bill. Is there anyway I could mitigate this issue? What should I do? Those utilities bills are killing me ! 

@Eric Martin I'm not a sure experience investor, but I can suggest you to look at Lansing MI, single family properties. I bought a year ago a property with 30k down which includes closing cost, property at 95k, pay 721$ for morgage (at 7.5%), rented for 1245$, get cash flow about 400$/ month. I was a ready to move in property.

We live in Florida and have been investing in Lansing MI. There are a lot of opportunities on ready to move in homes for less that 130k depending on the size. Rents are not bad at all, 3/2 about 1500, 1/1 about 850, 2/2 about 1300. All depending on location as every market. You would need a good property manager, he is also a real estate agent. Let me know if you need his info 

I have not familiarity with any of those markets, have just saw a tone of videos about Baltimore and seems like they numbers work out and I have seen prices incredibly low for a home to rehab and remodeled house higher than I would expect. There seem to have a bunch of opportunities up there. Thanks for your feedback! 

Hi all! I live in Florida and willing to move to whatever city I can implement BRRRR estrategy, here in Miami doesn't seem possible. Was thinking about Baltimore, Maryland or Jasksonville FL. What do you guys think? Any suggestions and recommendations are very welcomed and appreciated!