Is it fair for me to not have my own hot water heater instead of 3 apts running off same heater that is downstairs in a apr where their is alot of kids and randon people taking showers. My power bill is almost 100 due...
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Hi all - thinking of putting in an offer on a property in South Jersey. I am having trouble hearing back from the seller on some of the costs of the property so I'm trying to get a sense of what costs I might encounte...
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Hello BiggerPockets Community!
I'm an aspiring real estate investor, and I'm looking for some insight into how I can properly estimate expenses when analyzing a potential rental property. I understand that certain pr...
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Hey everyone!
I have a 12 unit value add deal under contract. This is my first step up to real multi family. I currently have duplexes and single family rentals.
About the deal:
725K purchase price
108K gross rent
...
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Bigger Pocket community, I am due to close on a house in two days. The triplex (house having 3 one bedroom apartments) is zoned RM-1 but only classified as a two family dwelling. Will this present any real issues? S...
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I'm looking at a possible purchase of a 3 unit with 3 stories. Owner pays all utilities. There's one boiler and one electric panel for the whole building. Gas heat. Is there a way to estimate what it would cost fo...
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I'm looking into small multifamilies in CO Springs, but am an OOS investor. Does the landlord or tenant normally pay utilities in this area? And if it's the landlord, what is a good way to estimate what the cost would...
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I viewed a 4-plex. The real estate agent was very loose on the owner's expenses. I asked for a copy of the last two years of Schedule E for the property. The agent refused. Was my request out of line?
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When you have multifamily units are the utilities bills separate for each unit such as the gas , water , and electric?
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I am considering purchasing a duplex in Sioux Falls, SD that does not have separate meters. Up until this point, from what I understand, the utilities were included in the rent. That works great if you own the place...