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I have a lead on a 10 unit studio apartment complex and upon further digging, the landlord pays all electricity, gas, and water. I know there are ways to meter water but has anyone sub metered gas and electricity?Rent...
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Hello, I'm trying to analyze an apartment building that is currently rent restricted (LIHTC), senior complex. I'm not familiar with LIHTC properties. The current owner says it expires in 2029. Does that mean the bu...
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We have a 15-unit complex and all but one is M-M. We are in the process of separating meters, but have a tenant that wants to extend his lease so he can present it to receive his driver's license. Can we start the lea...
Hi first time posting on this thread. A Little bit about me, I am an investor in Las Vegas who is looking to make the ultimate leap into multi unit complexs. My thought process is why start small? I have read the b...
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Hi all,I'm working on a deal to buy a 17-unit apartment building.However, nothing is separated by the unit and currently the landlord pays everything. As a result, utilities eat up about 30% of gross rental income eac...
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I'm looking at an apartment complex that I really like. The only issue I see is that everyone is on one electric meter and LL pays all electric. There are 33 units which is far too many. It is priced accordingly, b...
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We finally found a larger complex (albeit in another city) to potentially 1031 exchange our New Britain three 2 family buildings into. We have potentially 3 two family houses, one with 2 bedroom units, two with 3 bed...
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Hi BP community! Special thanks to everyone who has offered advice and answers on this website. I have learned a great deal and your generosity is very much appreciated.I am currently looking into possibly purchasing ...
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Hello all, I own a 4 unit apartment complex in Kansas where I pay all water and sewer. The units are not metered separately so the bill for the entire complex comes as one payment - to me. The cost is relatively low a...
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Hi,
We are looking at properties with 100+ units. Many of them have swimming pools but have been poorly maintained and don't seem to be utilized. Does anyone have experience in this area? Is it typically an option to ...