I just bill my tenant for their usage (Eyedro gives me a monthly report).For gas, we just divide the monthly bill based on the suite's square footage.

If you add enough usable square footage to a property in one of Seattle's "A" neighborhoods the returns on flips can easily be in the multi six figures and with people paying $1,300.00/month or more for a studio apartment that can go on Air BNB for $200/night with an 80% occupancy rate, adding units can really pay off.

Local square footage costs can be calculated using the conversion chart applicable to each area.ANALYZING REAL ESTATE INVESTMENTThe methods to analyze real estate investments depend on the availability of information.

Comps have square footage, so many baths, so many beds, so much land.  

The most ban for your buck when it comes to increasing rents is by finishing more square footage (attic or basement) or converting a spare room to a bedroom.

I have a situation that KEEPS arising and wondered if  I could get some feedback.. the apartments we rent have a huge student ratio, we are located next to a major university.. which is great.. we are at full capacity.. but I keep running into the problem of tenants having their parents come stay for 6 months at a time.. ( they travel from India mainly and want to see how the kids are doing and since its half way around the world they stay for long periods of time).. the problem I am having is 2 extra people residing in the apartment for upwards of 6 months.. they are sleeping in the living room.. which breaks the housing law of so many people per sleeping square footage.. they even call and ask to add them to lease so they can get health insurance while they are here.. help... its about 25% of the tenants who i am encountering this with.. and to put this is real life scenario.. the parents are here now.. and dont go back for 6 months so what to do with tenants who have them here already?????

It really varies but the bottom line is that basement square footage is not near as valuable as at or above grade square footage.

A 750 foot house with a 750 foot second floor is worth quite a bit more than the ranch with basement, but not nearly as much as the 1500 foot ranch.Number of bedrooms makes less difference than overall footage.  

I would buy it outdated, add value either square footage or upgrade it, and sell it for a higher price. 

I just sent them footage, and arrest were made.DPD can be unhelpful.