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Most of the expense assumptions I use are based on rent. For example, I budget 10% of rental income for PM, 10% for vacancy, and 10% for capex/maintenance. Then there are fixed costs: I generally budget $700/yr for in...
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One of my 1 bed 1 bath that I just changed from an old 20 gallon water heater the previous owner installed to a new 30 gallon low boy. Its in the closet so there isn't much room for more.Prior to the water heater cha...
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Need advice. My tenant was complaining of water pressure in the 2nd floor bathroom. The water pressure in the cold water side is weak, it flows but it was not a full stream at the tub spout. Hot water is fine it h...
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I saw there are laws in MA about meeting efficiency prerequisites before you can meter water. Does anyone have a solid company who can help me meet the standards and install meters?
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Buying a duplex in Ybor with 1 water meter. My cash flow is stretched super thin on this one and I’d like to be able to bill the tenants for water based on how many people are occupying each unit. Is this legal in Tam...
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Has anybody done a ROI analysis on installing low flow toilets in their multi-family properties? I have a 13 unit that I am paying water on. RUBS is not allowed in the commonwealth of PA so I would need to sub-meter...
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Hey all!
My water bill was $4,500 last month, compared with the typical $90/mo.
The water meter detected a leak of about 7,000 gallons/day for over a month, before magically "fixing itself".
Has anyone experienced...
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Hello! I am looking to buy a duplex in New Orleans--ideally I can house hack for about a year then move out and it will be a cash-flowing rental property. My problem is that I don't know what to estimate for water e...
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I am currently rebuilding a duplex , both side . Nice 1 acre property , cash deal , 3K per month total rental. ..............the well is a 24 ft hand dug well , good water . Better than a drilled well , which would...
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Hello-After receiving a very large quarterly water bill(+$1000)on a three family in Quincy, MA, I am curious to get other investors input on installing individual water meters for each unit. I have read that if you ge...