Hello BP,I am having trouble deciding including utilities as a flat fee in the rent. I know utilities fluctuate based on usage, the season and the market (I'm in Connecticut) but since I'm house hacking, and only one ...
Hello all. Recently I acquired my first duplex house hack here in Sacramento, CA. My current tenant was paying way below market rent, but do to the state of emergency I’m only able to raise rent %10. Now the previous ...
Tenant wants to know how much her last month's rent is. I use Zillow and it's showing the full amount which is $1250. However. Tenant's lease was from 10/17/22-10/16/23. Should it be pro-rated or the full amount? She ...
What is a good rule of thumb everyone is using to calculate expenses on smaller multi family facility’s when doing a quick back of the napkin evaluation on a property (5-20 units)? I typically use 50% of the stated gr...
How would you evaluate this property? I have looked at a 5 unit building. It consist of 4 one bedroom units and 1 two
Bedroom unit. It's listed for $169,900 gross rent is $1920. It has a new roof. Each unit had been...
Hello, I am trying to move into multi-family investing and currently practicing running the numbers. One part I am struggling with it to figure out how much I would be paying for utilities. I dont see any mention on l...
I'm new to bigger pockets and am looking to start investing in buy and hold properties in the Lansing, MI area. I work a full time job in corporate finance and have about $20,000 I would like to invest in cash flowin...
Hello Bigger PocketsI am looking for advise on the best way to get my property rented. We just finished rehabbing the place and are ready to rent. We are offering alot of perks like paying for gas, electric, water, la...
New investor here. My first property was a multi-family in Iowa. I got it for dirt cheap, and now I see why. The former owner (LLC) was rather lacking on upkeep of the units. And now after a year, the utilities are ea...
I'm looking at a house that has a one bedroom apartment attached to the back. Utilities are not separated between the two. The cost to have separate meters, etc. is not something I want to pay for at this time (over $...