Keith K.
Utilities expense paid by renters typical... or wishful thinking?
In doing early analysis on potential investment properties for buy-and-hold, I check Craigslist and other online tools to find rent rates for properties close to my prospect property. These listings often will say th...
Cal C.
My favorite utility bill has this word on it!
That word is FINAL. That means I've either sold a flip or rented out a house and the tenant is now paying for the utilities. On Friday, I received three Final electric bills for the last three flips I sold. It gave me...
Rosy Zide
Utilities, RUBS, especially in 29 Palms, CA desert areas
After years stuck in analysis paralysis, I'm giving it a shot, buying a small multi-family in 29 Palms. Does anyone know what is common practice with utilities? Rents are low, but utilities are California prices, we...
Greg Moore
Keeping utilities in owners name or transfer to tenants?
Should a landlord keep utilities in his/her name or transfer to the tenants'What has been your experience with this?
Bradley Walker
Utilizing TIF (Tax Increment Financing) funds for a Project
I have recently been looking to do a rehab of an 8 unit apartment in a TIF District. I have 2 topics to discuss:How difficult is it to apply and receive TIF funds? Is it foolish to count on TIF funds for a project as ...
Padric Lynch
Splitting Utilities In a 2-Unit Condo, One Meter
I am currently purchasing a condo that has a studio unit and a 2bd 2bth unit, not metered separately. I’d like to bill the tenants back by number of people in each unit for water, and sqft for electric. The reasoning ...
Dillon Nash
Separating Utilities on 20 Unit - Occupied / Value-Add Opportunit
Hi all, I am in contract to purchase a 20 unit building. Currently it is a steam boiler system that heats the entire building. The building was built in 1970+/- the structure is in good condition but mainly original....
Helen M Leyzerovich
What to do if the utilities cannot be separated?
Hello everyone! My partner and I recently purchased a 3-family rental property. The first floor of the property used to be occupied by the owner, and the other two units were rented. We will be renting out all 3 units...
Keith Ellis
Cost to separate utilities, install boiler/hot water tank
I'm doing some analysis on a 2 flat which currently has one gas and electric line coming into the building and a single boiler and hot water tank. Can someone ballpark (a) the cost to separate the lines so each unit c...
Clayton Hepler
Ratio Utility Billing System (RUBS) on a Small Multifamily
I am looking at a small multifamily (quadplex) in a small town that I grew up in. It would be my first property and has tremendous potential, because the current landlord pays for all of the utilities and the 3 rents ...