Hi everyone,I'm thinking about making a property on a property, however, the bank won't allow me to activate utilities. How does that work during the inspection period? What are the downsides and how badly can this hu...
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...
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...
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
...
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...
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...
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...
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?
When you have multifamily units are the utilities bills separate for each unit such as the gas , water , and electric?
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...