David Ackley
Best way to bundle utilities with an existing lease?
Hey All,
I am currently managing a 4-plex for a friend which he just recently bought and inherited tenants. Being fed by a single meter, The previous owner had been charging flat rent and then having them Venmo her ...
Christopher Roper
Rent by Room Utilities
I'm about to close on my first investment property (a rent-by-room house hack in San Antonio) and I couldn't be more excited!
Rent-by-room landlords, how do y'all handle utilities? Flat fee? Build it into rent? Or ch...
Thierry Van Roy
High ceilings in old houses
In my market, there is a lot of inventory of historical manors from the 17th century and up (example). These ask for a lot of renovations in order to increase their lifespan, but it is manageable...
Except fo...
Joshua P.
Please provide clarity to foggy windows
BP Community,I'm preparing to close on a rental townhouse next week. The double-pane window seals are worn and the windows fog in between the glass (I understand this is not uncommon). Is this purely cosmetic or is ...
Stephen Kunen
Will plumbing and electric rewiring increase value
We recently purchased a 6 unit building and are in the process of rehabbing it. Because it’s a very old building (more than 100 years), turned out there is more work needed than our initial scope. Most notably, it loo...
Dennis Gallof
Rent basement apt that's not legal that would reduce any potential risks as landlord?
Hi,
I know what I'm asking is not legal, but it also doesn't stop the 30,000+ not legal apartments that currently provide a home for families in Queens, NYC that would otherwise not be able to afford to live there.
...
Kevin R.
Facing a tough decision re: steam heating with a pending sale
Due to the great wealth of information and helpful people on BP, I was able to get my first home under contract last weekend. Here are some basic details about the property:
$230,000 triplex (one unit per floor)Built...
Paul Kuhn
How to split/control heating cost on old triplex boiler
I am in the process of buying a double brick triplex built in early 1900's (southern Virginia/historic district), 1650 square feet 2 bed/1 bath units stacked on top of each other. The whole house is heated by a boiler...
Joey Nakayama
To separate utilities, or not to separate utilities...
My situation:
I own a triplex in Chicago, live on the first floor and rent out the upper two.
Cooking gas is separated for each unit, but a single hot water boiler heats the entire building. This last (...
David Shapiro
Do you replace 13 year HVAC system with R22 refrigerant?
Hi All, I have a 13 year old rental property in Austin that needs 4 lbs. of R22 refrigerant. I'm being told by the HVAC contractor that because of the phase-out R22 is $125/lb. If I'd like to find the leak that will c...