Marcus Auerbach
What does the new EPA initiative mean for landlords with lead water pipes?
15 December 2024 | 10 replies
The EPA is hoping owners will investigate and identify the pipes on their own, report it to their utility provider for tracking, and then the EPA can obtain funding for replacement.
Pat Arneson
Turning on Utilities
21 November 2024 | 3 replies
Quote from @Pat Arneson:Usually, the city website has all the utility companies for the city that you should be contacting.
Bryce Adams
Howard County, Maryland Land Valuation
10 December 2024 | 4 replies
you will need to look at the APN of the property and line it up with what you actaully bought. as mentioned the tax assessed value is not an indicator of value. the land could be a utility easement, used for stormwater management etc.
Robert Westenberger
Real estate rookie looking for advice on east coast (nj, ny, pa, ri, ct, md, dc)
6 December 2024 | 13 replies
If you can live for free and only pay utilities AND buy an investment property, that would be ideal in terms of savings and cash flow.If you can't stay and your parents want to make some money on that property, then yes, house hacking would be your best option especially since you don't want the best place in the multi.
Mike Tikh
How to choose a location from the US?
2 December 2024 | 35 replies
The sustainability test is that 3/4 of units need to cover 75% of the mortgage from my understanding.
Itay Heled
Anyone use Furnished finder leads of individuals for an entire house?
16 December 2024 | 18 replies
Furnished Finder does make it tricky since you need separate profiles for each room, but platforms like Apartments.com or Airbnb might work better if you're aiming for full-house rentals or structured by-the-room arrangements.If you decide to rent to multiple individuals:Tenant Screening: Screen each tenant thoroughly to ensure they’re reliable and responsible.Clear Communication: Introduce potential tenants to one another Detailed Agreements: Use separate leases for each tenant and specify shared vs. private spaces, utilities, and maintenance responsibilities.House Rules: Create clear, written house rules to prevent misunderstandings.Inventory Tracking: Document everything in the home (furniture, appliances, etc.) to avoid disputes about damage or missing items.Also, market your property with its flexibility in mind—like proximity to hospitals for traveling nurses or universities for graduate students.
Tim Holt
House Hacking in Rhode Island
10 December 2024 | 6 replies
Look for properties with features like separate utilities and layouts that appeal to tenants.
Robby Sanchez
multi famiy underwriting techniques
6 December 2024 | 6 replies
Neither outcome is good for you.I give some approximations of each expense category in The Hands-Off Investor, but the best way to nail down operating costs is to look at the property's historical performance.For example, Contract Services and Utilities.
Tyler Cobb
Mobile Home Investing
10 December 2024 | 12 replies
At the current price, adding the additional lots would make them about $30,000 per lot, depending on the price of the additional utilities that need to be added.
Jennifer Fernéz
Let's say you have $80K in your savings account...
19 December 2024 | 82 replies
•Explore partnering with wholesalers and real estate agents who bring you off-market deals.5.Continue Building Credit:•As your properties generate income, pay down your credit lines strategically to maintain high credit limits and low utilization.