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Looking to buy first multi-unit building. Existing tenants in place. Currently seller is paying majority of utilities (including cable). Based on my analysis this is killing cash flow and ROI. What options do I have i...
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I know what most of the advice will be but I am just curious. I am currently looking at two small apartment buildings, 6 units each, both include all utilities. The concept of including all utilities scares me becau...
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Hello BP!For those of you that have sinlge family and/or small multi family properties that are submetered for water and you include the water bill in the rent, have you put a clause in your that states the owner will...
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Hi everyone! We are planning to cash-out refinance to a Conventional Loan on a 4-plex in a few months and I'm getting mixed answers about the metering requirements. We have already separated the Electrical meters fr...
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Hi All — I’m an out-of-state investor and own a 12-unit MF in the Cleveland area. My building is not separately metered for water/sewer, so I pay those expenses. Does anyone know how common that is (for the owner to h...
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So I'm looking at two properties, one a triplex the other a duplex, with shared utilities between the units respectively. The current owners have been paying utilities. They are sending me the averages this week...
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We have a quadruplex under contract and looking to close this property in two weeks. Currently 4 units rents for $750 and one for $800 as they have washer/dryer. Owner pays the water bill as there is only one water me...
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Hi all,Looking to make my first investment property deal, and a broker brought me an off-market deal in the 98418 area (east of Tacoma Mall). The place is a 3/1 (1850 sq ft) and 1/1 (1050 sq ft) currently, converted ...
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Has anybody done a ROI analysis on installing low flow toilets in their multi-family properties? I have a 13 unit that I am paying water on. RUBS is not allowed in the commonwealth of PA so I would need to sub-meter...