Todd Young
Utility collection and payment outsourcing
Hello community,I have a number of multi family properties where the utilities are shared among the tenants. I was wondering if anyone knows a company that will receive the bills, email the tenants what their portion ...
Tom V.
Submetering water without splicing pipes?
A while ago on the podcast (can't remember which episode) I remember one of the guests talking about how they were able to sub meter the water for a multi unit building by using some type of device that can read the w...
Blair G.
What should property mgt cost on a 32 unit/annually
BPers,I am analyzing my first apartment deal and find the PM costs suspect. The sellers claim 6k a year for 32 units that bring 240k in rents. Can this be true?Does $620/door sound adequate for a 1.2mil asking price...
Todd Magin
Anyone using RUBS in Baltimore?
Does anyone have experience in using RUBS (Ratio Utility Billing System) in Baltimore?How is it received by tenants (not well, I assume)? I have a property I'm under negotiations with whose rents are under market AND...
Cary Hawkins
Water submeter fourplex Imperial Beach
I am looking for water submetering options for my fourplex in IB. Many of the companies seem to only service larger properties. Additionally, the option to monitor myself is appealing as opposed to paying the vendor. ...
Ian Kisbert
Dialing in my proforma
I am a new investor trying to dial in my proforma so I can start analyzing deals better and I have a few questions about where to add certain items. I am looking for 2-4 units with a value add component to the deal. ...
Gustavo Gonzalez
Is RUBS worth a good idea? Central California Apartment
Wondering if anyone has any input on implementing RUBS for their property. I'm soon to close escrow on a 45 unit building in Central California (Bakersfield) and of course I'm looking to reduce expenses so I'm consid...
William Tong
EquityBuild has been taken into receivership. Anyone with info?
Does anyone know what is happening with EquityBuild? It is in Receivership by the SEC. What does this mean for investors?
Kevin Perez
Meter Split - is it a possibility (Advice needed)
I Currently Own a Duplex in Montgomery AL, the property sits on one meter initially i thought covering utilities wouldnt be so bad due to how much cashflow i was receiving from the property but it has been my lingerin...
Harrison Liggett
Pro rating utility bills in multi-unit buildings?
Hey BP!Out of all the headaches that come with property management, this is one at the top of the list. Most property management tools come with a RUBS calculator but the split NEVER accounts for tenant move in date. ...