Justen Ashcraft
2 units sharing the same electricity
A property I am looking at and intend to purchase has one electric meter for 2 units. The units are each 2 bed 1 bath units. They each have their own subpanel, but the bill would obviously be combined. How have or ...
Timothy Jacob Wallace
One Electric Meter for Duplex
I'd like some feedback from the BP audience.
Long story short, I bought a duplex on a lake. The margins are slim but still positive, but the reason I purchased the house is due to property values rising a signific...
Alfath Ahmed
Is it worth sub-metering a duplex in Columbus?
Would you guys sub-meter a duplex in Southern Orchards if your tenants are driving the water bill through the roof? My tenants currently pay $50/month each for water but the average water-bill per month has been close...
Stephen S.
Duplex with common-utilities ?
Let's start by assuming that I have a duplex with utilities which cannot be separated. So separating the utilities is not an option in this case.How can I handle the utility costs?I can add secondary meters and then ...
Peter Doan
Separated electricity meters for in-law unit
Hi,I own a rental house that has two separated units in California. One unit in front and one unit in the back. They all are separated. The unit in the back is an in-law unit. Right now they share a same electricity m...
Kyle McCorkel
Need help getting 4-plex to cash flow
Here's the situation: I bought a 4-plex in a B class area in June 2015 (about 7 months ago). I'll be honest; didn't know about BP at the time, I had read a few books, but definitely didn't know how to analyze a deal ...
Steve J.
Single Family to Duplex Conversion
Hello BP!I am in the process of buying a single family that I will convert to a duplex. My plan is to pay to have the units sub-metered. Has anyone ever done this before? How much can I expect to spend, and any advice...
Dave Shellenberger
Separating garage, electrically
I purchased a SFH rental, which has a large deattached garage. This garage currently has electricity running to it from the main house...and I need to separate it, as I will be using it for material/tool storage ...
Sebastian Villa
Separating utility meter for finished basement
Hello BP community,Not sure if this is the correct forum, but figured I would ask.I currently live in a SFH with finished basement with a separate entrance and bathroom. I want to add a small kitchen to it and rent bo...
Christopher R.
Submetering
Hi! I'm looking at a quad which rents $750 each. Currently, the landlord pays the water/sewer which I think will cost around $50/unit/month. My realtor (who is also an investor and a property manager) says I can sub-m...