Josie Zimmermann
Restoring duplex into SFH
I am looking at potentially restoring a 1915 brick 2-story home. It was converted into a duplex with exterior access (exclusively) to the upper space. My hope is to leave the exterior access and simply reopen the orig...
Will Barnard
Owner vs. tenant paid utilities
This is a debate that occurs often in the 50% rule.
Some argue that with owner paid utilities, your expense ratio could very well be much higher than the average 50% while others argue that the rental rate increase fo...
Rich Somers
Currently negotiating first multi family deal and have questions
So I'm currently in negotiations for my first multi family property (5 units & up). I wrote an offer yesterday, and today the seller countered. Before I counter the seller, I am trying to more accurately nail do...
Marcus Tam
Rental Question - pay $6k more to split utilities?
HI everyone, I am gearing up to rent my ADU out and currently, electricity and gas coveres both the ADU and the front house where i sleep. Should I pay an extra $6k for seperate electrical and gas pipelines so that th...
Marti Munford
Utilities... who pays and what's included?
Hi everyone!I'm on a quest to learn as much as I can in 2017 and buy my first deal by end of year or early 2018 in the ATL area.I'm running analysis on 2-3 deals a day and I keep getting stuck on utilities. When I was...
Suduk N.
Separate heat and hot water in a 3 flats
I'm about to close a MFH in Chicago. It is a 2 flats with a legal basement making it a 3 units property. It has 3 electrical boxes and 3 gas meters. Currently, there is only 1 huge old gas hot water furnace that se...
Tyler Parish
Duplex heating options - Shared or separate systems?
Hi guys,I would like some advice. I have a duplex that I am remodeling. The basement is down to studs and I want to come to a decision on the HVAC. Currently the entire house is on an electric forced air furnace. I wa...
Lauren Simmers
Rental Utilities- who should pay?
We are looking for deals, but the question comes: should tenants pay for utilities: mainly electric & heating oil or would you have the expenses calculated in the monthly rent? We bounced this back an forth but ne...
Andre Lewis
Should landlord or renter cover utilities?
Hoping to get some thoughts on landlord vs. renter paying utilities. I plan on not including utilities in rent, but want to get different perspectives on the topic. Thanks!
Christina Linn
8-Plex buy and hold in Wyoming
Investment Info:
Large multi-family (5+ units) buy & hold investment in Rawlins.
Purchase price: $345,000
Cash invested: $75,000
8-Plex with 1, 2 and 3 bedroom LTR units.
What made you i...