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I don’t have any rental properties as of yet. I have a question regarding rental expenses, such as Cap Ex, repairs, vacancies, etc. Do you have separate bank accounts? One account with separations on a spread sheet? T...
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I just need someone to confirm this for me. I am under contract for my second property (woo!) which I will owner occupy. The listing says "separate utilities: electric, gas, heat" but there is only one furnace in the ...
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Hello BP community,I'm a newbie to the forum and getting back into multi-family investing after a long hiatus. The condo conversion concept is intriguing and not difficult to do here in Texas from a legal perspective....
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Hello!
New to investing so bear with the questions.
I have heard of some investors creating separate LLC’s for each rental property they acquire.
Is this to help in the accounting etc or is it a means of liability pro...
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I found a seller that has two duplexes for sale that are on separate tax lots. I think I probably know the answer to this, but if the seller agreed to sell both properties together in a package deal, would that qualif...
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Hi BP!I'm buying a condo unit that has an HOA - but the current seller actually hasn't paid the HOA dues since he bought it before the HOA was established. BUT the more I look into the condo unit, it seems that the la...
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Hi everyone. I've looked online and at some previous BP posts, but I'm not quite sure how to come up with a good estimate regarding the cost of separating water meters for multifamily properties. Does anyone have any ...
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The property I just bought is not metered separately and has one giant old furnace. I would like to separate the utilities so the tenants can start paying their own also the city is requiring each unit have its own he...
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I’m in the DFW area and it’s been extremely hard to break into the real estate industry, I have been looking for an investment property and haven’t had any luck with larger investors consuming the market.
I found ...
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I finally got an answer today on the cost to separately meter my intended 9 unit MF property...$8000 per meter just for the capital recovery fee for the city. Then add on any installation charges. I was shocked t...