Socrates Ayvaliotis
Converting 3-Family Shared Heating/Hot water into separate units
Hi -
I am currently under contract for a 1960's era home in Jersey City. The home has a central Oil-Fired furnace which provides both heat and hot water to all three units. The current owner has agreed to remove the...
Mark Bosworth
Web Enabled Thermostats
I'm seeing high electric bills in our STR properties and was wondering if anyone had tried using a web thermostat to reduce power usage when the unit was vacant. The idea would be to turn the AC up (higher temps) whe...
Philip Ganz
Is Radiant Floors a good investment?
I have a 3 family that I am gut rehabbing and be 3 luxury condos. I am considering radiant flooring in the bathrooms. The cost is about 8,000 for 7 bathrooms. Is this a good idea? Also if Yes should I do the kitch...
Matthew Nixon
California will soon have toughest shower head requirements in nation
Any flippers out there in southern California already implementing low flow faucets and shower heads?LA Times Link
Nick Johnson
Minnesota Furnace broke - Renter demanding discount
We recently had a furnace break two weeks ago and the renter is demanding a refund. The night we were notified, we examined it found some loose connections and got it running again. The next day it broke again we de...
Darrick Lowe
How to split heat and hot water amongst tenants?
I'm used to multifamilies where each unit has its own water heater and furnace. But what If there is a home with only 1 water heater and 1 boiler in a multifamily home, how exactly would one split the bill almost ten...
Dave Versch
Two possible deals - which is better?
Hi Everyone,
I'm looking at 2 possible deals, and I'm only going to be able to swing one of them at this time. Planning buy and hold. Question is, which one sounds better:
Deal 1:
Bank-owned, 8 units, asking 250K,...
Sean OReilly
Utility billing solution for Mult-Family units?
I've been looking at a lot of multi family buildings here in NH, and since many of them are older homes that have been converted into apartments (2-4 units), many of which have common heating systems, so the rent incl...
Nathan Grubb
Electric Stove/Oven Recommendations?
I have a tenant moving out of an upper unit and a new one moving in shortly. The unit is a classic "attic apartment" and has sloped ceilings. Currently, it has a gas stove which was there when I bought the house. Pers...
Nicholas Heim
Central Air - Shaker Heights
Currently reviewing three quotes for central air. This is for an up/down duplex in Shaker with a third floor, 1BR/1BA dwelling.
Prices have ranged from $6.6k to $9k. Currently house hacking, so am a little more incen...