I'm purchasing my first investment property. A 2-unit multi-family. I will live in one unit so it will be owner occupied.
Although it is a legal 2-family, the previous owner had it setup as a mother/daughter. There i...

I have been told that sub-metering this building is not a possibility (without spending ALOT of money to redo the plumbing). Currently, we divide the water bill among all the units every 6 months and bill the tenants....

Hello folks. I'm new to BP and I'm currently researching the purchase and rehab of my first multy-family property. I was discussing offsetting utility expenses with a friend tonight, and he suggested that I consider i...

Hi all-I've got a 50 gallon power vented propane fired hot water tank, and am thinking of switching to one of those Navien instant hot water setups.  Any idea the cost to have one installed?  Last time I did the tank ...

I just converted a single family house into a two family house is it worth splitting the utilities

Hello! With a Multi-family rental property what utility costs are expected? Is it possible to have the tenant pay the utility costs if their unit in the property is individually metered for electricity, heat and water...

I have always read that you should never take over a rental property where the landlord/owner pays the heat & hotwater. What has the experience on the board been?? Has anyone ever taken over a small multi-family...

Is it fair for me to not have my own hot water heater instead of 3 apts running off same heater that is downstairs in a apr where their is alot of kids and randon people taking showers. My power bill is almost 100 due...

Hi all, I am just starting on my real estate investing journey with my current primary residence in the extended suburbs of Minneapolis. We are planning to list it as a long term rental. The house has a few amenities ...

Hi BP nation. Im looking for a little advice as im about to close on my first Multi-Family. The 3 unit home has only 1 hot water heater. The units each have separate gas/electric but not water/hot water. The hot water...