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I'm a newbie in REI but have owned a few properties here and there as rentals, but never considered myself an Investor. I have a relatively unique situation and wanted the BP pipe hitters to help me out.I own, outrig...
We own an old home that was created into a triplex many years ago. It’s not separately metered for electric (needs major electrical upgrading to do so and will do in the future) and there’s only 1 furnace.Had intende...
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What cap rate do you look for when analysing a property? Do you stick by the same percent for each investment? Is there a "best" cap rate?
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Recently get a triplex and the city said it will cost 10k to add two water meters. Even at $100/month for water that would take me 8.3years to break even. Is it worth it or am I missing something?
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Hello Chicagoans,
we are looking at a couple of Multifamily properties around Chicago, wanted to clarify a few things about property taxes and Valuation.
1. I see cook county calculates property taxes on a 3-yea...
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Is it feasible or even possible to split the gas service for a duplex? I see that electric service is commonly split so each tenant can be responsible for the bills.
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How much does it cost to scrape a property and rebuild? What would someone pay for a property if they plan on building a new home? Do you just pull comps for the properties that you want to build? In short how do y...
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How do I charge the tenants electric and water when everything is on one meter in to
costly two separate
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Good Evening all, I hope this question is allowed on this forum. I purchased a Duplex in Wilmington, DE. It is a rather big house but only has a single meter. I'm looking to get a submeter or a method of identifying h...
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Hi there! I'm wondering if anyone has used sub-meters on a multi-unit property. I'd like to sub-meter the water to bill accordingly instead of just splitting the water bill down the middle (for two existing units). ...