Alexander Owen
Second Multifamily financing, Massachusetts
Hi, Everyone I’m new here to BP. I’m 23 and just bought my first 3 family unit in Fall River, MA. 2 months ago. My goal is to replace as much of my income as possible with passive income.The property is cash flow posi...
Dave S.
Reimbursement from Tenants for utilities
So here is the scenario....Utility bill comes to my address (these specific utilities are in my name), I pay for them so that they are on time with no late fee. The next month the tenants reimburses me. Wouldn't the r...
Kevin Boyd
Controlling AC Usage
I have several homes with swimming pools with gas and electric bills over $1000/month during the summer. On a couple of the properties the bills are in the $1500-$1900 range.. The homes are 2200-3500 sq. Ft. I know g...
Ethan McRae
Feedback on my analysis
If I could just get some feedback on this analysis/opinions on whether or not its a worthy investment, please let me know. The property is in Lynn, MA- which is close to Boston.
I know the roi doesn't look super a...
Keith Schulz
Helping Tenant Improve Credit
Hi,
I have a former tenant that would like to buy a house. Currently this person has almost no credit history. He has never had a credit card and has never had a loan. He had a couple of outstanding gas and electri...
Paul NA
Renting property in someones town house (Fremont, CA)
HiI am currently living in a extra room in a persons house. We do have a lease, I have attached it below:http://imgur.com/a/AwqZIThe original ad said that electricity and utilities are included in the rent for 650$/mo...
Michael Hooper
Individual Metering Conversion
I'm looking at getting around 30-40 unit apartment complex in Cincinnati, OH. It seems that almost every complex in the area pays for water. Does anyone have experience switching a property, if possible, in this area,...
Austin Copas
How much do I set aside for expenses in Texas?
Hello, I'm Austin I was wondering how much money I should set aside every month for the different utilities and expenses. Since I am too young to legally own a multifamily property myself I am going through LoopNet an...
Brandon V.
Basement Washer/Dryer Utilities Issue
Hi BP,I received a text today from my lower tenant in my duplex with a question about the washer and dryer that I had not thought about. The washer is currently plugged into an outlet that was previously labeled "Upp...
Heloisa J.
Sustainable investments
I have been back to school slightly changing career and directions. I love the idea of building (anything) and providing value, real value.