Abe Alam
Separate Water/Electric Meters for Multi Family
Hi folks,
How would a person go about getting separate meters for a "Main House" and "1/1 Unit in the back yard"?
Also, is it illegal to have multi family in a single family zone in FL?
Casey Waters
Can Spouses Simultaneously Get Separate FHA Loans?
I and my wife are looking to start our investing career by doing some house hacking. For financing, we plan to use an FHA loan. I also have the option of using a VA loan. I understand that when using these loans, one ...
Steve W.
Renting "Mother In Law" Separate Living Area
Hi everyone,I work in the Kirkland area, looking to house hack within an hour commute. One approach I am strongly considering is a house with a separate living area, mother in law (MIL) suite, additional dwelling unit...
Tim Nelson
Capping water expenses without having separate meters?
Hello all, I own a 4 unit apartment complex in Kansas where I pay all water and sewer. The units are not metered separately so the bill for the entire complex comes as one payment - to me. The cost is relatively low a...
Tyler Wenzel
What to do with non-separated utilities?
I am looking to close on my first property in the next month and trying to finalize a few details. The current leases do not go into much detail on how the current property manager handles non-separated utilities so ...
Robert P.
Separating Electric and Gas from Cottage Setup
Hi All,I'm looking at a 2 family property with a 3rd floor cottage set up (basically the attic converted to another apartment. Right now their gas and electric is hooked up to 2nd floor. It has it's own circuit breake...
Jesus Moreno
How to proceed with non-separate utilities
Can anyone help me with this dilemma? So I have two units, that the electricity for both is under one meter. How do I proceed to rent out these units? If I pass the electricity costs to the tenants, then I leave the ...
Anthony Surico
Separate LLC's with Ownership into a Partnership
Hi BP Community! My buddy and I, both 25, have worked closely over the past couple of years on different non business activities for the community and we are looking to join together to form a business relationship wi...
Thuy Pham-Satrappe
Separate bank accounts for each flip LLC?
For those of you who open a separate LLC for each flip property, do you open a separate bank account for each as well? If so, do you close the account after the property has been sold? Do you open credit lines or anyt...
Drew Klingler
Convert separate garage to rental unit considerations
I have a duplex with a separated garage that I am thinking about converting to a rental unit. Maybe a studio apartment. Can you help me create a list of things I need to consider? I will need to run water and gas