Quote from @Drew Sygit: @Anh Nguyen Most Detroit duplexes have separate electric and gas meters, so tenants pay.Only one water meter, so owner typically pays.Monthly cost really depends on tenant use, but would estimate $80/monthThank you for always contributing in the forums! 

Quote from @Drew Kirchhoff: We are currently using local credit unions for financing retail strip centers and industrial parks ($5M-$10M properties).

They tranactional funding is what drew me in.

@Drew D.Prices are high now, but rents are high and you can still find good deals where you can cash flow $1000/month.  

Hi @Mala S. reach out to Drew Wells at Millennium Home Mortgage  He might be able to work with you and help get you the financing you need. 

Quote from @Drew Sygit:Even if someone gives you a referral, what meets their expectations, may not meet yours.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Originally posted by @Drew Gedemer:@Cathie KovacsI always use underlayment when putting down LVP. 

Originally posted by @Drew Byrd:If I apply for an FHA loan on a multifamily property, will the anticipated rental income increase the total loan amount that I can qualify for?  

@Drew Sygit As a PM who has dealt with investors who have been taken advantage of by other PM’s I 100% agree.

I keep my $ working so it drew on margin, I keep liquid capital elsewhere.