Hi folks,I have a sticky situation at one of my condo rentals in Raleigh, NC. It is a 4 BR unit where I pay the utilities. The renters are all students at the nearby State U. The electricity cost is paid by me due ...
I'm currently looking at an 8-unit building in a C- neighborhood and trying to justify it. One of the bigger concerns for me from a snowballing perspective is that since I have to put 30% down it is going to signific...
Hello BP,
I have recently purchased a triplex (which was converted from a SFH). Its a 2bd unit on the main floor, and two 1 bd units in the lower level (formerly walkout basement). The utilities (water, electric, gas...
Hello, I'm currently shopping (remotely) for 1, 2, and 3-plexes in Tennessee and looking for advice in particular on duplexes. It seems to be that most listings have the same basic attributes: built mid century, usual...
I had a 3rd floor tenant of mine call in about his hot water not working. This is what happened. (names changed).
Day 1:
- Plumber sent out Frank, who arrived onsite and met the tenant.
- The tenant showed Frank wher...
just purchased an updated three bedroom two bath ranch with two car garage nice back patio with hot tub and although not on Morris reservoir it is only three lots over from a deeded boat dock that the tenants or Airb...
Purchase Price 180, 4 family built in early 1900'sRoof, heating, electric all updated in last 5 years, replacement windows and vinyl sidingOff street parking, dead end street c+ b- area30/yr mtg 4.65% about 6k in clos...
How do you determine what expenses the tenant pays and what expenses the owner of the property pays?
Just wondering if anyone has done this and could offer some insight. I'm looking to purchase a piece of property (2.2 acres) and looking to place 5 small structures for STR. These will most likely be a combination or ...
I own a triplex. I live in the main house up front which has its own water and electric meter. I have two small homes in the back that share a water and electric meter. How do I handle utilities for these homes since ...