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As I do research on owning rental properties, I'm trying to figure out how so many of the rental property owners in my area are managing to make a profit while offering free heat and water to their tenants. After doin...
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I have a four plex and I am wondering what the opinions are of sticking with one water meter vs submetering and letting folks pay for their own water? There are dish washers in each unit and washer hook ups. Thank you
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Hello BP family! I have a few questions about how to analyze multi unit properties. My questions are 1) when you calculate cap x, vacancy rate, repairs, trash, water and sewer do you always use 5% of the monthly rent?...
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I was looking at a multifamily property (~40 units) and the broker mentioned that I should look into water conservation program to help reduce the water usage. After a bit of googling the only thing I found was https:...
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Hi all, I am struggling with the analysis on this one. I am looking at purchasing 3 multi families from the same owner. The only way the deal will work is if I purchase all 3. My biggest concern is that two of the pro...
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I have have a duplex that was converted into 4 units. The added upstairs unit has very low hot water pressure because the hot water heater to all units are in the basement. Any suggestions or contraptions I may be ...
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I am trying to run some numbers on different properties and I don't know if I am running these numbers correctly. For example this particular house costs 59900 and rents for 1000 in Cleveland, which is 1.6% of the pur...
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Okay so in my apartments I tell the previous owner (I recently just bought them) that I plan on going in once a month and changing the air filter.
This way the units can be inspected some and also I know the power bi...
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Here's another question. I have a house that had been "winterized" (before I owned it) because it was a foreclosure and would be vacant for a long time. All the utilities are now on, and the only problem is that the h...
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Hey all!What are you favorite water conservation fixtures to use in your apartment buildings? I've heard good things about the Niagara Stealth toilets (0.8 GPF) but am curious on other models/brands of shower heads an...