Hi BP Community, Need your advice on the best approach here on implementing Ratio Utility Billing in my 3 family property in West New York, NJ. The building has a single furnace as well as water meter. Upon signing ...
Hi all,Just purchased a house - it is an owner occupied 2-family. The house is a converted single family --> two family. I could use help identifying my options for what to do with utilities. This is the current si...
So I've been researching seller concessions, either closing costs, or paid points. It appears at 10% down, max seller can do is 3% on Fanny Freddy loans. I am curious if there would be any creative work arounds? Is i...
Hi everyone, my wife and I are currently working on a live in flip. We are doing really well on keeping cost down however we have come to a point where we need to make a decision on heat. At the moment we have small e...
I own a 10+ unit brick building in the North East. The heating system in the building is single pipe steam radiators. The system is old, heating is inefficient, some units heat up to 90+ degrees, some units don't hea...
I am thinking of renovating a few of our projects with electric based radiant floor heating. We have looked into getting a flooring that will stand up to the heat, and our state is pretty good on electric power due to...
Hello!
I'm in process of rehabbing the top floor of a duplex (this unit is 4 BR / 2 BA about 1500 SF) with plan to refinance and keep as a long term buy/hold rental. We acquired tenants downstairs - they're on a M2M ...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $925,000
Cash invested: $200,000
13 Unit Multifamily property in the Waveland neighborhood of Des Moines, Iow...
Hello all. I recently had a local plumbing & heating company come inspect a boiler and water heaters while I have a house under contract. The plumbing & heating company noted that the pex used on the boiler ...
Hi all,
I plan to install electric baseboard in order to remove heating expenses for a multi. The obvious advantage to me is some financial gain. Like to hear some experiences other landlords have with this option. D...