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...

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 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...

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...

Hi, advice please...I'm looking to cash-out refinance. In Chicago, what elements of a property could help increase value in the appraisal? 
Property built in 2001, things looking bit tired or starting to need repairs...

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $82,000

Cash invested: $17,000

Early 1900s duplex located in Toledo, Ohio. Was in pretty solid shape when pu...