Working on my first rental property. numbers as follows Purchase price:165,000taxes: $2448.00insurance:$130025% down. Finance 3% fixed rate for 30 years Income:$1755 in rent Fully leased until summer 2021. 3 units, ...
I am considering investing in a Preferred Equity Syndication. The pref equity would pay out a 7% (annualized) quarterly distribution and a 7% back end return when the pref equity capital is returned. The capital stack...
I've read quite a few posts about sub-metering water and power for a large home that was converted to multiple units. However, I feel like I may be misunderstanding how it works. I've contacted a local electrician a...
I live on one side of a duplex while I get the second side ready to rent out. I have one water meter, one gas meter, and two separate breaker boxes. I plan to make the tenant pay for electricity since the bills are al...
Hi Everyone,Im a newbie to the REI game, just purchased my first Duplex in St. Paul, MN and I’m wondering should I include utilities with rent? The water meter isn’t separate and gas/electric is set up to where the to...
I found a duplex and it goes like that:
first floor and basement has utilities together and combining both of them it's a 5 bedroom, 2 kitchens, 2 bath. and could easily rent it for 1400 and that's very cheap.
second...
I am trying to find a strategy or method of determining if it is worth the money to separate utilities in a triplex which I recently purchased. Separating utilities would require me to have a some electrical rewiring...
hi all this is just a hypothetical. I currently am a new landlord. I bought a duplex house near Scranton this past year and it is rented out . I am a few months in and it has been going okay so far despite a few hicc...
I'm trying to refine my deal analysis skill through trial and error and one problem I'm running into that is effecting my profit is when to decide if I'm going to be paying for water, power, and garbage? The real esta...
Curious to hear from other landlords on whom pays the utilities (gas/electric/water etc) in your properties. Do you write this into your lease, or do you cover this for them.