Recently purchased a 20-unit apartment building. All units are individually metered, plus a common area meter paid by the owner. It is in a small rural town (qualifies as a rural community under USDA) definitions in W...

Guys I wanted your opinion on the situation I am facing currently. I was in contract on a duplex property on 7/9/2014. I had an inspection done on 7/18. In that inspection it came out that the duplex had common utilit...

We are selling our condo. Buyers did inspection but now want to see the condo 2 days before they sign with the lawyer because they say they want to inspect the condo after our tenant moves out.Is that a common practic...

This is my first offer on a 3-unit building. This will be a buy and hold for me for equity build-up. Any insight is welcome!

I will have to pay for water -- here in Chicago water is only a couple hundred so I...

Hello,I just bought a house and was thinking of renting two of the other rooms. I was thinking of making rent all inclusive with rent, utilities, cable, internet, cleaning services and household common area shopping( ...

Hi-We bought a property last year in Cleveland and did heavy rehab on it.The original listing says clearly that "boiling system intact" . Recently my contractor reported that the boiler is totally not working and need...

I have a question regarding the 50% rule. I am looking at buying a three flat and I want advice about how to run the numbers on this building.

I understand that the 50% rule is a very good conservative way to evalua...

Hi Everybody,I'm researching a student housing market with promising numbers (very low price per SFH, up to 4 unrelated people to rent it, respectable rents) but I see that Utilities Escrow is a common practice in the...

I have a 16 unit apartment complex. All are 3BR 3BA. I am thinking of changing the interior doors to smart locks and renting each room out. I will start with one building at a time. I am wondering if anyone has experi...

Hello all,I watched the brief video by Scott Trench regarding how to estimate common expenses in preparations of determining rental income potential and cash flow reserves. He discussed simple expenses such as basic u...