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So folks I just bought my first multi-family. It's a 3 unit, but has an odd utility setup. It has 2 furnaces and 2 water heaters and an odd set up. So Apartment A is on its own system and they pay everything themse...
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I am in the process of building a duplex on Panama City Beach, FL. The property is in an unincorporated (Bay County) portion of Panama City Beach with water and sewer being supplied by the City of Panama City Beach. P...
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In a softer rental market like we seem to be in now, it becomes much more important to focus on the boring fundamentals like controlling expenses. One of the ways we have been doing that in our multifamily properties ...
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Hello,I have recently purchased a 38 space mobile home park in the Indianapolis area. Via the research and books I've read I see that it makes sense to submeter the water in this park. Since tenants don't pay for it...
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Hi, starting to look over MF units and I was curious about the water expense. I see most MF's listed have water built in as an expense. Why is that? Also, what options do I have as a prospective buyer to not have t...
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I'm in the process of buying a home with a detached garage and studio in the back. I plan to live in the main home and rent out the studio. The electric and gas meters are shared. The studio has a swamp cooler and wil...
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Can NOT get another meter hooked up On the same property I have A singlewide A doublewide A studio aptThey all share the same well There is one electric meter for the singlewide And another meter for the well, doublew...
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I own a 3 family rental home in Cambridge OH and neither of the 3 units have laundry hookups. The baseman is accessible for 2 of the 3 units and it’s clean and safe enough to add hookups. Each electrical panel has the...
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Hi,
I'm just wondering what to do with water bill for rental properties. In case of duplexes or triplexes, should landlord pay the bill or should we install multiple water meters and let the tenants pay for themselve...
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I just bought a duplex. one side is vacant and we are ready to advertise and get tenants in. The other side will be vacant Oct 1 and we hope to have tenants in by November 1. The property is currently on one meter ...