Hello all- I recently acquired a 2-flat in Chicago (Cook County, Illinois) and there are only two electric meters/panels. Is a 3rd required for common areas and exterior lights? Less the inside wiring, what is an appr...
What are some of the common expenses involved in buying a multi famialy complex? What ways can you eliminate some expenses of buying MF properties?
Hey all! First post, very excited. I have a question for residential developers on here.How often do residential developers work with converting land zoned agricultural? I understand that the rezoning process can be d...
How do you get the utilities like electricity and gas charged directly to the tenants instead of building it into the rent? I used to live in apartments and I paid the utilities directly without having to go through t...
So I recently spoke with a realtor in Alabama and she mentioned that its customary for the landlord to pay utilities in most markets in Alabama. Was wondering if thats true because that obviously changes the numbers w...
Hey BP,I’m closing on a triplex in Akron soon, our first multi-family, and was wondering how utilities for shared/common areas were handled. I’m sure for commercial apartments, there is a separate electrical box paid ...
Hi, new landlord here with just under a year into rental property.I have read through numerous posts about this but wanted to ask the question, do you have tenant pay all utilities? My tenant has a one year lease wh...
I’m planning on getting a sump pump installed under a crawl of my first quadplex. Each tenant has their own electric. Just wondering how it works with the electric bill?
I am new to these forums and to the real estate investing world… I recently acquired a single-family home that's a non-conforming duplex. The previous owners paid all utilities for both tenants and included that in th...
I have been looking around and found a few major cities where it seems to be common practice for the landlord to pay most, if not all, utilities. However, I plan to meter and pass all utility costs to the tenants wher...