Todd Riedel
Separating utilities and installing HVAC
The property I just bought is not metered separately and has one giant old furnace. I would like to separate the utilities so the tenants can start paying their own also the city is requiring each unit have its own he...
Barbara May
Whose Liability for Damage Done by Ambulance Service?
We have a tenant in the upper unit of our four-plex who needed to be taken to the hospital via ambulance. The landing on the upper units is narrow, and when they tried to take the gurney through, it ripped the screen ...
David Lewis
Term vs Whole Life Insurance (detailed tabular values and more)
Do you want to know more about whole life insurance, and how it compares to other investment/savings strategies? Want to see if whole life insurance makes sense IN ADDITION to real estate investing? Have questions abo...
Sean Williams
1031 Where Replacement Property Needs Repairs
I went searching for this topic in the forums but have not had much luck...When purchasing the replacement property via a 1031, is it possible to use some of the excess funds within the 1031 to perform repairs on the ...
Mohammad Ali
How would I do this deal
Property is bank owned...Bank wants 660K. Property is worth 1.1m. Property requires 25K worth of cosmetic repairs...carpeting, painting, etc.
I want to purchase the property w/ no money out of pocket or minimum money...
Joshua Fass
How much cash needed beyond acquisition of MF building?
BPers,Is there a rule of thumb about how much cash you should keep on hand, beyond the aquisition cost? As I am drafting my budget for my first MF Apartment acquisition, I want to make sure I am not over-leveraged.Str...
Chad McClain
Multi-Family Shared Utilities
Have a possible deal on a triplex. It is set up for shared utilities. How do I pass the cost of utilities on to the tenants?Rental rates are competitive in the area so it may be hard to add into monthly rent. Can I bi...
Larry H.
What do your unit turnovers actually cost?
When you are turning over a unit after a tenant moves out, what does it actually cost you on average? I know we budget X percentage, but I'm curious what others are actually paying.
We have 2 four plexes that are C...
Andreas W.
Incentives for lower water usage?
I own a condo inhabited by four unrelated individuals, which is legal in Raleigh, NC. As landlord I pay the utility bills and just don't get how each resident can use 86 gal of water daily. I was told that this is not...
John McDermon
Late fees in CA
I have a tenant 1 one year into a 2-yr lease in a 4 BR/3 Ba SFR in SoCal. He's a good tenant as far as taking care of the property and not complaining about the little things. But, recently he's begun to pay late. Th...