We own an old home that was created into a triplex many years ago. It’s not separately metered for electric (needs major electrical upgrading to do so and will do in the future) and there’s only 1 furnace.Had intende...
Recently get a triplex and the city said it will cost 10k to add two water meters. Even at $100/month for water that would take me 8.3years to break even. Is it worth it or am I missing something?
Is it feasible or even possible to split the gas service for a duplex? I see that electric service is commonly split so each tenant can be responsible for the bills.
How do I charge the tenants electric and water when everything is on one meter in to
costly two separate
Hello,I’m over budget on a project and I’m looking into a short term loan situation. Basically, I had a contractor squander some money and now am in need of $20k to $40k in order to finish the project. There is alre...
Good afternoon fellow investors,I just closed on my first rental property, which consists of a main house with 3 attached smaller units (efficiencies) - this is very normal in this area- , everything is on one meter.T...
How can I charge my tenants for electric and water usage when it's all on one meter?do I just include everything in the rent and check on the past years usages and add it that way
Hi! I am self managing all of my properties and at the beginning I just signed leases with fixed utility amounts for simplicity. I’m realizing that was a mistake because the tenants are running up the utility bill. Pu...
Hello everyone,
I'm currently analyzing a single family house hack which I'm planning on renting the basement as a seperate unit and I'm wondering if how to bill the utilities once I move out and both units are rente...
I have a 3 unit property 2 units the utilities are connected the property in Chicago I'm looking to separate the gas lines anyone can recommend a Contractor greatly appreciate the feedback