Colleen F.
1100 electric heat bill for tenants what besides use could be wrong and what can we do ?
Just got a call from a tenant parent and the January electric heat bill was $1100. In past years the highest it went was $800. The heat is all electric baseboard with one room with under floor heating on slab and o...
Robert Oglesby
This Pool House and some maxed out insurance policies.
Investment Info:
Single-family residence buy & hold investment in Sumter.
Purchase price: $170,000
Cash invested: $12,000
3 bedroom, 2 bath, a family room, a living room. Wait for it, & an ...
Peter Tverdov
If you were building a new apartment complex...
I am building a new 3 story stick build apartment complex here in NJ. Very small, 8 units plus commercial and I am trying to go over details of what will make the building energy efficient in the future and cost effic...
Austin Patenaude
Best Value Add Projects - $8k budget
Bought my first property (800 sqft detached dwelling 1br 1ba) and would like to slightly over improve to make more recession proof and create a better tenant situation. What are your best ideas for improving the look/...
Soumava Saha
Splitting expenses/payments on co-owned property
What are some common ways of splitting expenses in a co-owned property where one partner stays in one room of the said property and another one rents out a room? In case of loss of rent, is it common for the non-resid...
Tim Porsche
Tax Deductions for Temporarily Owner Occupied Duplex Unit
Hi everyone, I have a quick tax question I'm looking for some guidance on regarding a duplex. The top unit is rented, and I am currently moving into the bottom unit. I plan to do a few upgrades (mostly cosmetic) to th...
Kip Cline
Multiple Thermostat Sensors?
I bought a 4 unit apartment building. 2 units upstairs and 2 down. There is one furnace that heats the whole thing thy the landlord pays for. The thermostat is currently in the basement where the tenants can't mess wi...
Rick Howell
Change Your Routine Change your Business!!!
By our nature, we are creatures of habit. We tend to drive the same route to work every day, eat at the same restaurants, spend time with the same people. While there’s nothing inherently wrong with this, there is som...
Diran Deukmajian
Investment Property #1
Investment Info:
Townhouse other investment.
Purchase price: $590,000
Cash invested: $200,000
This new-construction home offers an open-concept floor plan with 9' ceilings on first floor. The stylish...
Ishaya Daniel
First solo renovation considering backing out
Hello! Firstly let me say this is my first post. I’m in the process of acquiring a property for my first solo renovation project but I’m having a bit of a dilemma.I’ve done one renovation project with a partner comple...