Socrates Ayvaliotis
Converting 3-Family Shared Heating/Hot water into separate units
Hi -
I am currently under contract for a 1960's era home in Jersey City. The home has a central Oil-Fired furnace which provides both heat and hot water to all three units. The current owner has agreed to remove the...
Sudhir N.
Home warranty for rental properties in Philly
I have a few triplexes in Philadelphia. A certain management company runs everything for me end to end. The fee they charge per month is reasonable in the 4-4.5% range. They also charge one month rent for placing new ...
Eric Schilk
Duplexes and separate heat and water
I have 16 properties in Michigan. 3 are duplexes that we bought last year and they have shared water and gas. How we have it set up now it that the lower (control over the thermostat) pays gas and the upper pays wat...
Joe Trainor
Water Heater Info in Lease?
Hey all,I put in a few key words and came up empty in the FilePlace. Does anyone have any forms or verbiage they care to share on what you put in your leases in regards to water heaters? I.e. temp settings maintenan...
Deborah Metzger
Question about day to day use of Nest
My husband and I just purchased our first income property in Florida. I've been reading reviews of other condos to get an idea of the do's and don'ts. One thing that has come up a few times is guests being frustrated ...
Bryce K.
All Electric House to Forced Air
We own several all electric houses in Lorain County in Ohio. These homes (entire neighborhoods) were built in the late 1970s with 200 Amp service, heated only with electric baseboards. These homes do not have baseme...
Shayne Hastings
NEED ADVICE: Boiler Replacement - Alternate Solutions
Hey all!My business partner and I have a 5-unit property and we have run into some issues with the boiler the last year or so. We are getting absolutely killed on the utilities each month because we pay for water and ...
Sophia Baratashvili
Thoughts on RUBS providers?
Hi everyone, I've been listening to the Bigger Pockets podcast for a while and have always wondered what multifamily investors/owners thought about RUBS (ratio utility billing). Anyone have any RUBS or utility billing...
Dan Brewer
Do You Send your Tenants a Fall Maintenance Letter? What items should be included in the letter?
There is nothing like preventive maintenance! Its natural human instinct to take better care of things we own, and less care of things we don't own. Like a rental property. I think its a good idea to contact your ...
Dale Bertrand
Online guide book for your STRs?
We have a PDF for each of our STRs that we send out a few days before guests arrive. In the future, I'd like to move this guest info to a digital version so I can send one URL to guests with all the info they need. We...