All Forum Posts by: Jay S.

@Robert Matelski @Art Perkitny Thank you for your insights.

Hi,
Planning to buy a property in South broadway neighborhood of Cleveland, Ohio, zip code 44105.
Ultimate guide has this zip code in C and F neighborhood.

However below says its C class neighborhood: Would like to what class the property is really in and if it's worth buying there? Thank you.

Thanks again@Engelo Rumora

Thanks @Engelo Rumora 

Do you also do rehabs and property management ?

Hi,

Does anyone know the B and C class neighborhoods in Toledo, Ohio ??

City or zip codes will do. Thanks in advance.

UPDATE: I took the advice from this post and started charging flat fee for furnace. Thanks all.

Can anyone here please help me with C class neighborhood zip codes in and around Los Angeles, CA?

@Alan Fitzpatrick @Bob Collett @Andrew R Lee

Thank you for your valuable suggestions.

I would like to share some numbers with you guys :

So I have to charge more than $100 as flat fee to offset my expenses and the tenants might not agree based on rental comps in that area.

Would sub-metering for owner's gas and water meter make more sense ?

Hi fellow members,

I have a duplex in Toledo, Ohio which has 3 WATER meters and 3 GAS meters: one for each unit and 1 for OWNER. The main GAS meter is used for FURNACE and because it's on owner's name, my tenants will use furnace for FREE and in winter times, the bill amounts are insane.

I was told by property manager that the main meter for GAS and WATER would have to be on OWNER's name by LAW, which means I have to pay for utilities and that is eating away my cash flow. 

Is it possible to bill owner's meters by putting up a sub-meter for each unit OR any other way possible legally ?

Property manager didn't agree to put the clause in lease for tenant to pay for the main meters AND also said they can't do sub-meters to charge tenants.

Would appreciate any suggestion. Thank you.

Thank you all. That's what I love about BP.

I dropped the idea to buy that property, after so much valuable inputs from experienced folks here.

FYI, the price was 55K, rent was $1400 net.