Hi Fellow investors, I am evaluating a property that has a septic tank + own water well. Seller says city connection is available but he choses to keep it that way. Seller is offering property at 7.5 CAP rate. What co...

I'm facing a $2000 water bill for previous month because one of my tenants (in a triplex) left the water running for over a day (she also flooded the two units below). Now, part of the problem is the tenant herself, w...

Ok.....basic question - how do you analyze utes for rentals? Garbage, water/sewer, heat for boilers (multi family), etc?  Are SFR's different that duplexes, multifamily.  Thanks in advance for any help.Patrick

I have a duplex that had water issues in the basement this past blizzard/melt/rain.

The story goes:

This is a new duplex for us, came pre-rented, and the tenants who have been there for years said that ...

Hello,We recently went under contract on our first investment property.  There are several issues I'm concerned with. 1)  The property has not been rented in several years so there is no rental history.  2)  The duple...

I'm looking to pass the water expenses on to my tenants. How much does it cost to separately meter the water on a 4-plex? Who should I call? a plumber? How much do you think this would cost? I appreciate the input! I ...

Recently purchased a 4 unit multifamily investment property and the water/sewer bill has been quite high. The water and sewer company agree that it is high in comparison to comparable properties. The cost in my area i...

I'm in the inspection period phase of purchase a short sale property in Jacksonville, NC. The house is built in 2006 and winterized since October 2017. I have the electric and water turn on recently. The water company...

Hello everyone. I've been reading on biggerpockets for a while but have rarely posted anything before. Thought I would finally ask for some advice. If you can help, I would appreciate it. First off, I have some multip...

The leak was caused by a hole in the water supply line.  Does anybody know if homeowners insurance will cover the massive water bill (over 10k)?