Not sure about PA, but in NY if there are any lights in common areas the landlord needs a separate meter - you can just go count the meters on the house, if there are 5 then you know there is one for common areas.I wouldn’t use cap rates for a four unit, use comparable properties if possible.

All adults living in the property must apply!

. ($2.3m for 9.3 approx acres)($1.1m for 4.5 approx acres)Best uses: Large estate with mother in law homeSmall development with 1/2 acre luxury homesTiny home communityOffice spaces made up of tiny home officesSmall retirement communityRestaurantsFlex warehouseCommercialThe property has approx 40' of Wilmeth Rd frontage.

I’m closing on a property in a few days and I’m curious to add up our budget for rehab costs.Thanks!

I'm planning to actively pursue my first investment property in January and am interested in a BRRRR strategy.

I discovered BP about 3-4 months ago after reading Rental Property Investing by Brandon Turner.

Hello @Tiffany Makiya,Many investors compare properties using the ratio of annual rent to property price.

In this particular property the GFCIs were on the circuit breakers which is acceptable by code.

I am a property manager and am reaching out to self-managing STR property owners to learn how others handle their tax remittances.

I've been renting out a couple properties for a few years, and recently have turned my attention towards the idea of section 8 housing.