Hello,
I am in the process of purchasing a 1890 built triplex in Fitchburg, MA. The current setup by the owner is that he pays for electricity and heat for the tenants. There is one 3-bedroom (5 people) and two 1-bed...
Here are occupancy rates from high to low in major cities according to Axiometric:
High Rates and low concession value
Market
San Jose, CA 97.38%
New York, NY 96.67
San Fran, CA 96.52
Boston MA 96.50
Portl...
Hello. I just entered contract for my 1st multi family property (and 2nd investment property). It is in Berea, Ky. I don't know anything about Berea, Ky! In doing my research, however, it does seem like a nice charmin...
I have spent a lot of time on this area in the last few years. We manage larger apartment communities that range from C to A class market rate apartment or mixed use buildings with most properties being over 50 unit...
Hey Baltimore Investors,I'm looking at a multifamily in the city, but I'm worried that the taxes will rise significantly when I purchase the building. Does anyone know how assessments work in the city? Will the new as...
Hey everyone - I currently have a triplex under renovation and one unit is ready to be rented out. The utility setup is unique. All 3 units share water , 2 out of 3 share gas, and electric is completely separate. To m...
BP Nation,
I'm looking for a little input on calculating ARV. Is it a good idea to take the lowest, middle, and highest comp by square footage and apply that average to the seller's square footage? Are there any glar...
Who pays the utilities the tenant or the owner?
I have a multiunit property (8 units) in NC with central water, gas, electric. Does any one know a ballpark figure to separate meters for each utility? I want to find a way for tenants to pay the utilities.Thanks,Sam
HI everyone, I am gearing up to rent my ADU out and currently, electricity and gas coveres both the ADU and the front house where i sleep. Should I pay an extra $6k for seperate electrical and gas pipelines so that th...