Hello,My rental property is in MA and it is still using gas on gas stoves to heat the units.

Which include new roof, paint and new gas lines.Wholesale fee $1,500Closing and Holding costs $1,000Total cash in $32,500 (which I am supplying)Estimated selling price $45,000Total projected profit after 5% closing costs $10,250 of which I getInvestor Payout (5% for 6 months = 10% APR $1,250Investor Projected Profit (20% profit split) $2,050So my investment of $32,500 for six-months will return $3,300Does the above seem fair?

.- Electric Appliance, only water heater is gas.- Garage is attach to the house, but you have to walk out the side door and get in the house via front door.I could flip or rent, if I rent, I would get 9.5% Cash on Cash return, not including vacancies & repairs.

Hey everyone, I just closed escrow on a duplex but I have been having some concerns regarding renting both units out to tenants.First, I am going to be placing a community washer and dryer but powered by one of the unit's gas and power, should I go about reimbursing the tenant for the utility costs?

AQM is a gas/vapor.  

Send mailers to Water, Gas, and electric company shut off lists 65.

I am signing a five year lease and will be responsible for the water bill. ... and the electricity or gas to run dryers?

There will be a significant upfront cost/investment to do this but I am thinking it can be a long term profitable little side business ESP. b/c of the fact I will own the building and will not have to pay rent to anyone buy myself as well as it won't require much overhead to run the business.The other positive factor is I would buy the equipment new so there would be low maintenance/repair issues.The way I see it my biggest expenses would be utilities IE. water and gas electricity, as well as insurance and then whoever I hire to run the business.

8am--headed to the newly acquired and renovated rental property for some final 'fix it' items: repair window, connect gas stove, mount hand rail for basement stairs, pick up fridge, and meet guy who is building egress covers and ladders.Oh yeah, forgot to mention that it is our first real snow storm of the winter-8 to 10 inches.

Hello BP,I'd like to get opinions from fellow BP members on the following question.When a person first becomes a real estate agent, they have plenty of costs/expenses: both personal and business expenses.My question is: in order to be able to pay for costs like marketing, advertising, fees, phone, computer, rent, gas, car - how do you feel about a new real estate agent using debt to be able to pay for those costs and hold them over for a certain period of time until they're able to start cashing commission checks?