Kenneth LaVoie
insualte steam boiler
I have a four unit with steam boiler where all the old (asbestos or horsehair)_ insulation was stripped. Now it's "naked" and needs to be re insulated. What do people generally do in this case? buy replacement jacket?...
Josh Wilson
Best Energy-Efficient Upgrades in PNW?
I just got a triplex under contract in Tacoma, Washington, and during my VA loan process I learned that I can get up to $6k in energy-efficient improvements attached to my mortgage. The house is in pretty good conditi...
Jennifer Cen
Any tax incentives for DOB Partial demolition (Alt1/Alt-CO) primary SFH?
I am currently doing a major alternation to my single family home in NYC for personal use (non-investment property). Majority of the property is demolished and rebuilt via a partial demo with an Alt-CO filing with DOB...
Ed McIver
preparation for winter
A Tenant says the apartment is not air tight and has gaps where the wind can blow into her apartment. She has asked if I would give a credit, or provide materials to help seal the apartment for winter. The building is...
Meghan McCallum
What is your best advice for turning a building "green"
Hello everyone!I am closing on a 20 unit building and my goal is to make it as "green" as possible. It currently has 7 vacant units, it is a 1928 brick building with a flat roof. So, I am looking for any and all of th...
Khouri Rice
1 furnace (gas heat) in a duplex, best way to get tenants to pay for heat
I have a couple of duplexes (upper and lower in each building) and each duplex has one furnace for both upper and lower units, I am paying the utilities right now, but would really like to have the tenants pay for ...
Amy A.
Thermostatic radiator valves
Has anybody used thermostatic radiator valves to save money in old apartment buildings heated with steam radiators? I'm considering the purchase of such a building and am trying to figure out a way to reduce the gas ...
Victor Lebegue
Minneapolis, St. Paul, MN Utilities
Hello everyone,I looked at a 2700 sq. ft. property today and I need some advice on utilities. I'm trying to break down expenses to get an idea of cash flow every month. Currently the building is vacant. It has 8 units...
Linda M.
tenant heat or boiler
I have noticed that a lot of rental units have furnace and hot water heaters in the unit where the tenant pays all utilities,is this because it is cheaper in the long run to add the furnace and hot water heaters duri...
John H
Multifamily Analysis Question
What do you guys look for when considering multifamily properties?
I'm looking at a 7-unit property currently with the following figures:
*Total Gross income (Rent + Laundry): $78, 000
*Operating Expenses: (Based on...