Good morning all,I just secured my first triplex in the Hampton Roads, VA and am looking to optimize cash flow. Does anyone have any best practices to equitably charge tenants for water usage? Set up has 1 detached un...
Hi,My property is in Atlanta. we have a water main meter(8in) and getting 9000$ permonth for 64units property. I know which is very high, my property is listed as non residential as per water company since meter is 8i...
Hi all. Last year I purchased my first rental (BRRRR) for $115,000, and put around $30,000 into repairs. It appraised for last month at $220,000 in which I was able to do a cash-out refi and pull almost $30k back out....
So the shared living units we manage mainly for students they are 4 bed 4 bath 1200 sqft. We include $200 of utility charges a month. Anything over is split among the tenants. Lately with electric costs rising we’ve ...
1000 or so. That's about how many overall residential homes are on the market along the entire 400ish mile long rugged and majestic Oregon Coast at any given moment. I had about four times as many people attend my hig...
I own a multifamily property in which Landlord pays for water since it is not separately metered. I will start instituting a fixed price bill back to tenants but it would not cover 100% of the water bill (if I wanted ...
Hi, I have a 2 family house with a total of 3 people living here. My water bill was sky high last quarter and I'm trying to figure out why. I've looked at the daily usage online and it shows certain days where anywher...
I have a duplex that that has one water meter. We are having a problem with high water bills. What is the best way to separate the meters ?
In my limited experience as a landlord, this is the first time I've come across this situation, so I was hoping to get some feedback/advice from other landlords...
One of my tenants just called my property manager to...
We are considering building small multifamily units? Thinking 4 to 8 units in B class neighborhoods. Is anyone currently doing this? What are the risks? The hypothesis we are trying to poke holes in:Building new prope...