Spencer Alessi
Electric Meters - How difficult to split them up?
Hey there. I'm new to REI and am working on finding a good deal for my first investment. I've come across a property that I like and that appears, at least initial numbers, to look like it might be a good deal. It's a...
Matthew Leitch
Extra tenant - raise rent okay and fair?
A tenant asked if another roommate could come live with her. She lives by herself now in a 2 bed, one bath, so there is room for them both. I explained that they would be added to the lease and must pass all other bac...
Robert Richardson
SFH, duplex, or 3-unit? In Peoria, Illinois
Hello BP friends!My wife and I are new landlords. We bought a building in Peoria, Illinois about 1 year ago. It was listed as a small 3-unit building, but was zoned as a duplex so we had to move one tenant out. The...
Kyle McCorkel
How would you determine ARV for this property?
I'm looking to make an offer on an off-market BRRRR deal. The property has 2 separate buildings on a (small) parcel that normally would just have a single, detached home.The front "normal" home is your typically cook...
Deepak Malhotra
3 bed 2 bath single family home buy and hold in Cheney WA (college town)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $140,000 in Nov. 2005
Sale price: $175,000 in July 2007
1872 square foot single family home with no garage. Nice f...
Joshua Harmon
Implementing RUBS/Submetering in Apartment Complexes
Obviously, the goal of owning buy and hold real estate is to maximize cashflow and NOI. I have a 41 Unit Apartment Complex that I'm analyzing that has great potential but it has one issue, the WATER BILL. The water bi...
Jose Almonte
Who pays utilities?
So looking into single family homes in the $400K range. Assuming $150K downpayment the mortgage payment comes out to $2300 rounded. Property tax is usually around $6300 a year rounded. $525 a month. Zillow rent estima...
Lee Stephens
What Expenses (IF ANY) Do You Cover on SFH's?
Hi BP, How do you guys typically go about expenses on a SFH? Do you have a general rule, or advertise relative to what the market is offering? I have yet to purchase a property, but think it would be smartest to pass ...
Fernando Martínez
Equity in Investment Properties
Greetings Everyone,Reaching out to see what strategies I could use moving forward. I have 2 investment single family homes that are completely paid off. I want to use the equity in them to purchase other investment pr...
Oscar Beteta
When are Sprinklers Required in 1-4 Unit Multis?
Hi everyone!I just purchased a four unit property in the Mt. Airy neighborhood of Philadelphia. The house is currently laid out as a quad (with all separate utilities) and the previous owner had obtained a variance ap...