Kimberly Gamez
Extended Stay Hotels vs Apartments
We have 64 apartment units but have an opportunity to buy a 20 door motel in our town. Most (80%) of their rooms are long term (10+ years) tenants. Anyone out there convert a motel to apartments? Should we keep it as ...
Anup Debideen
Newbie Seeking Guidance!
Hello everyone! I’m new to the BiggerPockets world and I’m sure this question may have been asked previously but each situation is different and looking for some guidance. Please let me know your thoughts!History: Act...
Account Closed
Single, first time home buyer in DFW, TX open to suggestions.
Hey BP! I've certainly learnt a lot in my time of occasionally reading posts in here. About me: 27/M, DFW area TX,Salary ~ 50k gross Rent + Utilities ~ 25% of salary (shared house).Car ~ 10% of salary (9k owed and 3 y...
Brandon Schlichter
Rental property CASHflow.......
Hi there, I've posted a few messages in the past, and wanted your opinnion.
I've talked to plenty of landlords in my local marketplace, and it seems that the majority of the landlords have the SAME mindset.
Most lan...
Michael Lettieri
How to calculate NOI
I'm interested in a house on the market for $1,500,000 with the following monthly numbers;
rental income of $9,000
property Taxes $1588
Insurance $400
How do I estimate the other expenses such as utility bills (s...
Nima S.
Adding Separate Meters on 2-unit (Queens-NYC)
Good Afternoon - BP Nation. I have come across a situation which I am sure that others have faced before. The property I am looking at is a legal 2-family. Classified as B3-2 (NYC) which is a conversion to two family ...
Kyle S Ripley
House-hacking - Utilities Not Split
New Landlord here! Im looking for opinions:
We have a duplex that my wife and I are using to house-hack. The utilities are not split. What is your experience with including utilities within the rent? Can you charge m...
Jose Magana
Utilities
What utilities do tenants and landlords typically pay in the Chicago area?
Emy Bernardo
Shared Utilities - best way to divide costs
Hi all - we have an ADU in our single family home and have been including the cost of utilities in the ADU rent. We recently started charging our tenants a $100 flat rate to help cover some of our soaring utility cost...
Melissa Gittens
What Would you do if...
I recently had a discussion with a few real estate investors in my local area about what the next steps they would take if they recently purchased a home with an FHA loan and are looking to purchase another but only h...