Kyle Grimm
Sub-metering Mobile Home Park
Hello all, I am currently negotiating a price on a small 22 space park in Illinois that currently has one water bill sent to the owner. The bill is around 10,000 a year and I am starting to look into having this sub-...
Edward Roe
How to charge for laundry
My wife and I recently purchased our first Multifamily. This property came with large laundry appliances in the basement for each unit. None of which have any sort of payment system attached. I don’t necessarily want ...
Mike Welch
Contractor Hidden Fees
I'm in the midst of renovating a house to serve as a long term rental. I hired a contractor to put in a tile flooring with the look and feel of wood. The contractor gave me a bid that included 'Floor Prep' as a line...
Brady Williams
HUD manufactured home installation program
Has anyone dealt with the new manufactured home installation program that HUD has started? I am looking to tear our and pour new pads in a park in Michigan, but now I need to budget for the inspection/engineer work. I...
Xiaoyu Liang
Bottleneck on Property Management, Seeking Suggestions
I want to share my experience in purchasing this investment property. It is quite a journey, and I feel like I've been dealing with a lot. I want to see if anybody had a similar experience or how would you deal with i...
Nadia Hale
Water softener request by tenant
Hello We have a new tenant on our first ever rental property and they’re are requesting adding a water softener citing hardness? Should we agree? Should we say no? I’m afraid if we agree or negotiate they may ask for ...
Sam Rogers
Anyone use a Deferred Sales Trust?
Deferred Sales Trusts seem like a viable strategy to defer capital gains. But really the only info out there on them is marketing material (I'm talking to you Brett!). I've talked to a few tax accountants and attorney...
Brett Fine
Estimate $$$$ how much to separate meters in a multifamily/duplex
So I know that its ideal to have separate meters in a multifamily. I usually pass on properties that don't have separate meters out of ignorance because I don't have experience with converting to separate meters or ha...
Jay Ford
Sub-Meter Water Apartment Complex
Hi All,I have electric & gas sub-metered already. Now I need to tackle water as it’s rising in costs each month. My plan is to have the water meters installed by the city for direct billing to the tenants. Numb...
Susie Scorer
Be careful before you purchase True submeter.
Be very careful that you are able to use the product True Submeter sells before purchasing. I purchased for a 4 unit property and unfortunately was not able to use (Plumber did not check crawl space like he said he ...