I picked up a 2 unit multi-family property. Unit 1 is a 1bed/1bath. Unit 2 is a 3 bed/1 bath. I've accounted for me paying the water and sewer in my numbers but have also had others recommend I pass this cost down to ...
Hello, I have a few SFH rentals . I’ve never had a section 8 tenant but am looking for general information. I know how to look up what section 8 would pay for rent based on bedrooms and fair market value for the area ...
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I'm trying to run some numbers on a rental property but I'm getting stuck on the utility (water) bill. Do I assume a number?? Or do I ask the listing agent or contact the utility company for that area ?? Or contact th...
I am looking at purchasing a 10 plex. It is in a solid C+/B- neighborhood. The only issues I have with the building/ neighborhood are a flat roof ( which was replaced in '16) and the house across the street is vacant...
I am currently considering a 10 unit (5 duplexes) purchase where the current landlord is responsible for all utility bills and does not have a cap on usage written into any of the leases. Fortunately all 10 units hav...
Hello everyone!I have purchased my first home and rental property which is a single family home with a mother-in-law apartment in the basement. My husband and I occupy the top unit which has 4 bed 2 bath and the moth...
Greetings BP!I'm about to buy my first multi unit, and currently the owner pays gas, water, sewer, and trash. Also, the building is in need of significant repair and current rents are $375 for an efficiency up to $57...
I’m looking at my first property. Is it possible to get a conventional loan for a HUD listing. The bank says they will not turn on utilities for inspection. Will lenders accept an inspection with the utilities off?
Choosing to pay utilities seems antithetical to most advice I've heard, but hear me out.My husband and I just bought our first investment property. I am a nurse, he is a surgical resident. As the one with more free ti...