Phil Falcini
What the ????? Tenant not paying their part of shared utilities
Hello all,I have a tenant who is behind on paying their share of the joint utilities. The property is located in Colorado and is a 4plex. There is one meter and the tenants split the utilities equally. We have languag...
Joe Black
Utility Charge Backs on Month to Month Agreement
Hi all, I am interested in purchasing my first commercial multifamily (location central coast California). I am targeting properties with low NOI that have room to grow via rent increases and reductions in expenses (i...
Genny Li
Water saving doesn't pay here!
Regional and even town-to-town differences in utility costs can be profound. My tenants were confused about their utility bill, so I saw their water for August. Total charges were $43.12.Then you break that down int...
Justin D.
2 properties, new to REI, need advice.
Hello,
I'm new to REI, a month ago I wouldn't even know what REI stood for... I am looking at two properties, in the same area.
Duplex:
Listed 67k
2 BR UPR 425, includes washer, dryer, stove and ref
3 BR LWR 675 inc...
Eric Bate
My First Analysis: Duplex in Mpls
Hey Guys!This is my first time posting an analysis on here, so please let me know if I'm on the right track. It's for a duplex that I plan to live in, but in my calculations I'm renting every unit (so, as if I've mov...
Brandon Duff
Good Deal? Leverage? Please advise
A guy is trying to sell his moms property. Local Properties are around 180kHe wants 175kMom owes 140k on the loan.Downpayment they want is 5000I have about 40k ( leverage?)Rent in the area is 1100No Agent will be inv...
AJ Smith
Columbia Heights (Minneapolis) MN Househack Analysis
PROPERTY INFO
Property Address
4506 Fillmore St NE, Columbia Heights 55421
MLS#
5540705
Number of Units (Duplex, Triplex, 4plex)
2
Crime Rating (Low/Medi...
Account Closed
Long term expenses.
I am trying to figure out how my accountant has accounted for expenses associated to my non-rental long term homes.
Say at year end I have 5 homes n inventory and sold one house I had held for over 1 year
Furthermo...
Jim Goebel
Using a HELOC; impact on Credit Score ? Bummer
We use MINT.com, which is nice.According to MINT, what is largely dragging our credit score down (it's a 758) is credit utilization.That's a few credit cards here and there but predominantly our HELOC is 60% utilized ...
Mark F.
3rd house hack closed w 5% down product
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Bergen County NJ.
Purchase price: $1,050,000
Cash invested: $75,000
Three family house hack in Bergen County NJ using ne...