Ok.....basic question - how do you analyze utes for rentals? Garbage, water/sewer, heat for boilers (multi family), etc? Are SFR's different that duplexes, multifamily. Thanks in advance for any help.Patrick
Hey Fellow Investors,
I am just starting out and looking to buy a Fourplex with an FHA loan to househack and get the ball rolling.
The deal is a 2% deal in a C class neighbourhood within 2 miles of walmart and other...
If a utility company is a major employer of town could they be considered an economic anchor?In other words, if an economic downturn happens could a utility company close causing many local renters to lose their jobs?...
Hey everyone,I'm looking into small-multifamily property to house hack here in the Inland Empire, CA and just wondering how common it is for the utilities to paid for my tenants?
Hello my biggerpockets friends,I was told that in my state we need to have an additional form for the lease agreement that the tenant will sign agreeing to transfer the utilities over to their name and that form can b...
Hi All, I have a tenant moving out at the end of this month. However, they live in a city where we are required to keep the water in the owner/property manager's name and bill separately. Has anyone dealt with this in...
Hi all! This is my first BP post!. I just purchased my first multifamily home with 4 units. The units share water and gas so currently I am paying it. I was wondering different ways that I could charge the tenants...
We are submitting an offer on a reverse mortgage foreclosure next week, my RE agent text me that the lender may require me to turn them on if the seller won’t prior to getting approval for the conventional loan. The h...
I'm currently looking at a duplex to buy and as of right now the current landlord is paying ALL utilities. Apparently the current owner bought it as part of a package deal and just kept it the same as when they purcha...
My rental will soon be turned over to me, and the tenants name will be off the utilities. Do I need to leave them on in order to sell the place? I get concerned about agents/buyers coming in, turning the AC on to "co...