I have been told that sub-metering this building is not a possibility (without spending ALOT of money to redo the plumbing). Currently, we divide the water bill among all the units every 6 months and bill the tenants....
I'm in the position where I will soon either buy another rental property, resulting in $500/month cash flow, or pay off the balance of a second mortgage which would also result in $500/month additional cash flow. Both...
I am a landlord and have had the same tenant in my rental property for 3 years. Since the tenant started renting, the market rate for the rental property has increased significantly. I mentioned this to the tenant a...
Some simple DIY investing hacks could save you thousands of dollars. But, as a rookie, the thought of tackling your own home renovation projects might be a little intimidating. Bringing sweat equity to a deal, however...
Hi all! I have a property that I'm renting where the gas and water utilities can't be split out. One property is a 1BR/1BA 450 sq ft unit with one tenant, and another is a 4BR/2BA 1450 sq ft unit with 4 tenants. I'm g...
Hey Guys im a new investor in Detroit, I recently purchased a property on the East side, and its currently below market rent. Their lease is currently over and they are on a month-to-month lease. I was wondering if ar...
Hey everyone, Hopefully this makes sense but I'm analyzing deals and have a basic question that seems simple enough but I wanted to get others take on it. I've found some turn key rentals that could cash flow in my a...
Hey BP fam. I got a question I'm sure people run into this problem with separate utilities . I have two meters in a three family home how could I separate that besides having another meter installed is there something...
Can you BRRRR a Self Storage Facility? Are there any big similarities or differences compared residential BRRRRing? Has anybody used this BRRRR cash out strategy to buy more self storage properties as it can be done ...
Hello BP Community,
I am currently analyzing a potential duplex for purchase and I had a quick question about adding an extra bedroom and the extra rent that doing so could generate. One of the units is a 2bd/1bath ...