Is this a thing? I'm considering making an offer on a multi-family. This would be my first multi-unit purchase. The only problem is that it does not cash-flow due to the owner paying ALL utilities. I don't want to st...
A building has 2 main units with their own meters for utilities. However, there are also 2 non-conforming spaces. One liveable attic space with its own furnace but all of its utilities are connected with unit 2. The s...
I have a section 8 tenant who has taken ownership of the utilities although it seems as if they haven't moved into the unit for close to a month. Is the unit considered vacant?
I'm looking at an old home in a low-rent part of town. It's been converted to a 5 unit. Total rents = $2250/mo. They are asking $70,000. That seems great until I tell you that the landlord pays water, electricity, and...
Hello,
I have recently closed on my first deal in Charlotte, NC. It is a single family home with a walkout basement that has been finished to be used as a separate dwelling unit (has full kitchen, bathroom, & be...
I am a new real estate investor and bought a 4plex which at the the time seemed like a great deal. Asking price was 84,000 I offered 79,000 and got it. Came fully occupied with tenants but after the 1st month they wer...
Hello all! A friend and I are considering acquiring 21 acres of vacant land upstate ny, supposedly without utilities access. As we both have zero experience when it comes to land development we are both consuming as m...
Hi all. My only experience as a landlord, to date, is renting out an efficiency apt.(semi-connected to my home) 500.00/mth utilities paid. All has gone well this year. A nice, quiet , elderly lady lives there and alwa...
Hello,I just found out that our local electricity provider runs a cable in our ground behind a commercial building we own without and easement in place. The cable connects two vaults and is part of a bigger electricit...