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5 October 2015 | 3 replies
Cool guys I'll definitely check it out.
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5 October 2015 | 7 replies
So about a month ago we had a pipe burst in one of our unit, water ran from upstairs bathroom down to kitchen and into basement. water remediation company had fans and dehumidifiers in that tenants place for about a week running continuously. their utilities bill webt from being approx $50 normally to about $108 dollars so around double. theres 3 roommates in that unit and each one got a $100 disount for that months rent to compensate for any contractors coming in and out and not having hot water for about 5 days. my question is should i pay for the additional electricity used caused most likely by the dehumidifiers and fans?
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5 October 2015 | 11 replies
I can't decide if your profile pic is annoying or really cool.
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13 October 2015 | 10 replies
I am rounding my mortgage costs up for easy calculation and my owner expenses (percentages) are pretty conservative Purchase Price: $215,000Gross Rents: $2,400 ($1,200 per unit)_________________________________________________________________________________-Mortgage Costs-Principle: $1000Interest: 3.5% ( I may do a rate & term refi for a 3.2% interest rate)Taxes: $210Insurance: $140 (Lowest quote thus far)Appox.Total: $1350/month_________________________________________________________________________________-Owner Expenses-Utilities: $0/Minimal (water and electric separate)Prop.
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23 December 2015 | 5 replies
I think it's pretty cool, actually.
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8 October 2015 | 7 replies
Make sure you do your research on the reputation of anyone who might offer to help you so you don't end up in hotter water (there's a lot of great people on BP, but that doesn't mean everyone ) You may have to give up more of the future profit than you'd like-- but at least you'd stand a chance of getting to a profitable point.
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13 October 2015 | 10 replies
Expenses: $52,355-Janitor $400-Water $11,000-Repairs- $1000 (This seems so unlikely for a 19 unit!)