Greetings BiggerPockets community! I'm new to the REI world and I'm very excited to get my first rental property. What do tenants pay for and what do landlords pay for in terms of utilities for Cleveland, OH?
Curious to hear your take on utilizing property managers. Have you found it beneficial in your investment journey? What specific advantages or drawbacks have you encountered when deciding between self-management and h...
I purchased a house hack with my tenant occupying the basement only and I have built a small kitchenette in the basement for the tenant. I am wondering how should I charge or not charge for utilities. I am occupying a...
Hi,
Does anyone have placeholder amounts (numbers or percents of something...?) they use for total utilities, or broken down by water, electricity, heat if unknown for multifamilies? I’m looking around RI, MA, NH to...
Hello everyone, My wife and I are looking to purchase our first rental property in the upstate of South Carolina and are hoping to utilize this opportunity to do a house hack! However, since this is our first time do...
Hello everyone. Hope everyone is doing well. I have a property in the Bay Area which has an ADU in the back of the property. I'm interested in splitting the some of the utilities like the electrician, gas and if possi...
I see on most of the Bigger Pockets blogs, podcasts, or webinars that when analyzing a property and its expenses, many times utilities such as water/sewer/garbage, electricity, gas, etc. are thrown into the expense co...
I am looking to buy a 4 plex that the owner currently pays all heat/electric on.
Do you guys know the implications/cost of splitting up these bills (or just one or the other? )
Thanks in advance.
Luke
As a newbie, I haven't been through all the forum posts but I did want to remind everyone of the programs the local and national utility companies offer for weatherization. In my state (RI), natural gas and electric h...
I'm house hacking a duplex. The other side is in transition between tenants. It will be unoccupied for a month but the next tenants are lined up and under lease. I've read some other advice regarding keeping the power...