In a softer rental market like we seem to be in now, it becomes much more important to focus on the boring fundamentals like controlling expenses. One of the ways we have been doing that in our multifamily properties ...
Hello,I would like to know if there are solutions to this problem:Despite the thermostat being set to 68-70 degrees, the tenants will plug in electric space heaters and drive up the electric costs.This is a 4 unit bui...
Who pays the water when you rent out a single family home? I'm in Ohio if that matters. Thank you.
We have three water bills from the Water Department, Malden, MA. It shows water usage as follows:1. The water usage from 10/15/2015-11/15/2015 (32 days) 16446 c.f., $3468.702. The water usage from 11/15/2015-12/15/201...
I just purchased my first duplex in April. When doing the inspection on Jan 31 we found the outside water faucet was turned on… just a trickle but definitely running. Ground was soggy and was wet in the basement unde...
I live in a multifamily home where I rent out the second floor to a tenant. The unit has its own washer/dryer and the utilities are on a shared meter for the whole house. The tenant lives by himself but has his kids o...
Hi,
I was wondering if any landlord has put a maximum cap on a tenants water usage? For example, if the water bill comes in at over $75/month the tenant is responsible for anything over the $75. So if the bil...
I have a duplex that that has one water meter. We are having a problem with high water bills. What is the best way to separate the meters ?
Im a young investor - relatively new to the game. I have built up to acquire a 16 unit apt complex worth roughly a million. Here are the numbers
Gross rents - 13200/month 158,400 /yr
Operating costs avg range-82-88...
Hi all,I'm analyzing small multifamily properties in the Orono/Old Town Maine markets. Does anyone know a good resource for a reliable estimate of water/sewer/heat in this area? This varies on square footage obviously...