Angelo Llamas
Paying for the utilities
What would one of you suggest for a medium term operator whose tenants may be over using a specific utility like gas or electric. Has anyone ever made the tenant have to pay for a single utility and have the others be...
John Markem
Very Suspicious Landlord Behavior Regarding Utilities
Hi everyone, I signed a lease with my fiance several weeks ago for the lower in a duplex. When we signed, we were told that there was a washer and dryer in a shared basement for the tenants of the upper to use, and...
AJ Wong
Super Jumbo Luxury Mortgage Loans, Lenders and Rates
Super Jumbo mortgage loans and lenders can vary widely in their rates and qualifications. One observation in working with higher loan amount borrowers and lenders recently is that rates can often be LOWER than convent...
Michael Archard
How to Market Rental with Utilities Included
Hi BP,I have a B+ class 2bed/2bath condo that I'm preparing to list for rent. The market rent without utilities is about $2,100 which I have verified with local agents and property managers. The condo is in a midrise ...
Lucas Rowell
Utilizing property to reduce taxable income
Hello and Good evening BP Brothers & Sisters.
Tonight I wanted to post a question I have been thinking a lot about lately. "How could an investor best utilize property to lower taxable income"?
We currently own...
Ed Taslak
Splitting the Utilities between Renters (1 meter on 2 units)
Hi There Everyone,I'm wondering if I can split the utilities cost between tenants for a duplex I am looking at. Unit 1 is a 3 bed 1 bath (upstairs) and Unit 2 is a 1 bed 1 bath (downstairs). Is it possible/legal to ha...
Adam Smith
One Furnace In Duplex
Hello BP! We are looking at a SFR that has been split into two units. It has only one water, gas and electric meter (i.e.- one furnace and one water heater). Wondering how this would work with having two separate t...
Kyle Inbody
Duplex utility separation
I’m currently looking and negotiating a price on an older duplex for my next house hack. The issue I’m debating how to handle now is the utility situation. There are 2 gas meters, 2 electric meters, and 1 water meter...
Christina Greaves
Feedback on my first Deal Analysis!
Hey everyone,
I did my first real exercise on analyzing a potential deal and I'd love your feedback on the assumptions I'm making for estimating revenue and expenses!
Context: This is for a Seattle property where th...
Justin Frank
Multi Family Expenses
What is a good rule of thumb everyone is using to calculate expenses on smaller multi family facility’s when doing a quick back of the napkin evaluation on a property (5-20 units)? I typically use 50% of the stated gr...