John S.
Mobile Home Park Investing
4 January 2020 | 14 replies
@Harinath Pottam, yes, those are metrics used for valuation however when analyzing park specific characteristics, here are a few items we look at to see if it meets our criteria:-the infrastructure (water/sewer provider, metering of utilities, water pipe material, etc.)-# of park-owned homes vs. tenant-owned homes-Avg. rents vs. market rentsObviously this is not an exhaustive list but I would say it's the first three things we review.
Jerell Mixon
Solar… would you do it?
4 June 2022 | 7 replies
First they started removing retail priced net metering, now they’re eliminating all payments for net metering and raising minimum monthly bills.
Ramki D.
How much rent can i increase for next lease renewal - CA- SAC
13 November 2021 | 10 replies
all the homes in this area are listed for 2800$ + utilities (I have used online rent estimate tools like Avail,Rent-O-Meter, Zillow)I am planning to increase 150$ per month which brings monthly rent to 2280$. $150 is too low or too high?
Michelle Fay
Tenant stopped paying utilities and company has shut off everything
8 November 2023 | 5 replies
They originally claimed that the meter was acting up which is what caused a spiked in their bill.
Romeo Sison
Have you split up the water meter on your 4-plex?
28 January 2021 | 3 replies
How much does it cost to separately meter the water on a 4-plex?
Ken Kwok
Investing in Cambria, CA? Water wait list for 20 years + already
26 August 2023 | 23 replies
Here is up-to-date info as of July 2023: Without an already existing home AS WELL AS water meter already granted (aka you’re not on the wait list and already have it granted), you cannot do any of the following on your own plot of land: NOTE: this applies to the following cities of Los Osos, Cambria, and higher up “paper lots” in Cayucos:1.
Edita D.
Tenant failed to report toilet water running
8 October 2014 | 4 replies
This will help you keep your water in check.Or, do sub-metering where the tenants pay for the water usage.
Jeremy Chaser
Found a rental property I like, but utilities aren't separate.
20 April 2017 | 13 replies
If I included utilities, probably ~$800/mo or $3,200 gross.My main concern with it is that it has one furnace to heat the entire place, one electrical panel, one water meter, etc.
Chad Duncan
Building a 4-plex instead of buying one...
21 November 2023 | 77 replies
Talk to your planning and building dept to understand their timing to process your permits and the costs associated with plan check AND the utility fees to extend them to raw land (impact, connection, tap, meter fees) 4. talk to builders to get their per SF costs for new construction, lead times to pull permits and schedule construction and length / duration to build it. 5.
Lewyt McGrath
Looking for help with drawing up plans
14 June 2023 | 4 replies
I have spoken with the city and verified that I am allowed to add this unit, we're already under contract to add the meter for power with an electrical company, and have already had the sewer pipes dug and installed under our slab, I am well under way!