All Forum Posts by: Michael Vigneault

Hi, I'm looking for someone who does good work at a fair price - I'm not asking too much. Thank you!

I'm looking for suggestions for a good CPA who is obviously familiar w/ real estate. We have 2 MF properties, 1 in Galveston, 1 in the Montrose area of Houston.

Does anyone have any?

Thanks!

Great points, Nathan. Thank you!

I'm working on going in that direction, but want to be sure I stay on the legal side of RUBS in Texas. I'm trying to get that info now.

A quick reply! Thank you

I have the last 13 mos of utilities & have averaged them out, added 10% to play it safe. Just divide by tenant #, unit #, sq footage?

OK to average out the cost of the gas, too, though some don't have it?

I'm just not sure what's legal, either.

I'm wondering if anyone has advice: The water utility is no problem - divide by # of people in each apartment, add into rent. Each tenant has his own electric bill.

Gas is the issue - only 3 apartments have gas, all w/ different appliances. One unit has 2 gas heaters. How can I determine how much to add to the rent amount? Add the average gas bill into all apartments for simplicity or only divide the amounts among the 3? How to do that fairly?

I've been searching for TX rules for utilities, but haven't had any luck.

Thanks for any input!

Please let me know if/ when another meetup is held. Thanks!