Making those changes will transform a good deal into a better one.Scenario C:The tenants began to pay their own utilities in December 2008, because the seller installed individual meters (Rent Utility Bill Back System [RUBBS]), and the seller reduced their rents (by roughly $100 per unit).

Even with rent at $700/month, doesn't this still produce a $100/mo?

For example:- Advertising Costs- Lawn Care- Termite Inspections/Repair- Capital Expenses- Property Management (if you *ever* plan to use one)- Utilities (during vacancies)- Administrative- Accounting- LegalLastly, your vacancy rate is assumed to be under 6%...is this really feasible for this location/property?

Dealing with the homewoner directly will produce much better and easier positive results.If you have homeowner contact and do not know what to do with it at this point, contact me.

My all-in cost after all of the renovation cost, financing cost, utilities, refinance fees and closing costs was about $305,000.

People make estimates for cap ex, operating, taxes, insurance, utilities, etc.

I read about ratio utility billing systems (RUBS) and curious to hear about personal experiences with this.I am open to company recommendations.

Corelogic is the company that offers the Listsource produce.

For example, if you are buying the property outright, i.e. no mortgage, that $1000 -$1500 per month goes to your expenses, (utilities, capital expenditures, vacancy, etc.) and the remainder is your net cash flow.

😂) producer qualities, so I know and continue to nurture them;) thank you for taking your valuable time to read my lengthy/worry post and actually gave comments ;) 😘