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Evaluating a triplex in NJ. The property has separate gas heaters and electric meters. In the description it mentions that "landlord pays water, hot water, and common area electric." & "tenant is responsible fo...
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Hi all,First-time homeowner (duplex) with first-time problems. Looking for advice on either heating or tenant-relations.I bought an up-down duplex in Minnesota in March of this year and moved into one unit, renting th...
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I'm interested in a duplex in my area, but there is no central air system installed in the home, and the heat is baseboard electric. My initial reaction is to be concerned that window A/C units may not be satisfactory...
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I was discussing with a friend today the potential of incorporating heat and hotwater as a profit generation source. This would of course require 3 base things: 1) efficient utilities- a natural gas hookup in this ...
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Hello guys and gals,I am currently in the process of purchasing a 7 unit complex (built in late 1800s). The building consist of 4 studio units and 3 single bedroom units. Each Unit ranges from roughly 500Sf-650SF max....
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Hello!I will start by saying that my goal is to have enough cash flow to support my family if I didn't have a job. To do this, I obviously want to purchase more properties, but also make the correct investments in m...
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I’m curious about utility optimization. Particularly to heating. My apartment building is in Maine and is a Buy and Hold/House Hack. It is common practice for landlords in the area to include heating and hot water as...
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Just got a call from a tenant parent and the January electric heat bill was $1100. In past years the highest it went was $800. The heat is all electric baseboard with one room with under floor heating on slab and o...
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Boiler System:
How it works: heats water to produce steam for heating and hot water
What it does: provides heat and hot water for a household or building
What can go wrong: malfunctioning components, leaks, press...
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Ok folks,This seems like a no brainer to me, but I'm not too proud to run it past people more experienced to make sure I'm thinking propertly. I am closing on a 3BR, 1BA, 1,000 sq foot home in 4-5 weeks. The house is ...