I know submetering is a commonly used method to lower cost and increase NOI on apartment buildings. Is anyone using solar panels for a similar effect? I'd be interested in anyone who has successfully used solar panels...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $91,500
Cash invested: $25,967
This was our second investment property. Much better outcome than our first. ...
Hello BP members, I am diving into the numbers for some potential deals, and I am looking into whether I should charge for electric/utilities. Currently, my CoC return for year one is a little over 2.4%, with a conser...
Does anyone have experience with a multi family property only have one meter for power? Doing my due diligence on a pair of duplexes around the Birmingham, AL area that each have their own meter. The current owner jus...
Hello! I am new here to the BP forum and website. Have been listening and reading all their stuff for a while. Thinking about getting into the mid term rental market. I have a long term rental right now. I need so...
Hello all,My pops and I have been searching for commercial properties in college town markets across NY and stumbled on a 13 unit in Fredonia, NY. Briefly speaking, we liked what we saw and have been negotiating with...
Hey BP so I'm excited because it's looking like I'm going to be the proud owner of a 4-plex breaking my analysis paralysis buuuuuuut I could use some direction.
1. currently the water is paid by the land lord half th...
Hi folks, just sharing some tips I got from a @Dave Meyer video a few months back. It really helped me to identify a market to invest in, starting zoomed out and then honing in on shortlisted markets to pick the one y...
Hi everyone, was just wondering how you would approach raising rent on Section 8 tenants. I currently have one inherited Section 8 tenant whose rent is about ~30% below FMR. The current tenant is paying $1,100 for a t...