Shang Min Wang
How to start renting my second floor unit?
Hello,I have purchased a duplex as my primary residence for two years. Recently, I'm wondering that I should rent my second floor unit to relieve some financial pressure and to start building some experience. Since it...
Bryson Williams
Utilities to Pay or Not to Pay ?
I am getting started in rental property investing as drawing my first set of lease agreements currently. Should I have my tenants pay all of the utilities? I know it would make the most sense to have them pay but I am...
Daniel Kokodoko
Shared utilities question in Atlanta area
Hello all, I just closed on a small Single Family home in the Atlanta area (Stone Mountain). I'm currently rehabbing the property and I'm planning on finishing up the basement to make it a stand alone 1BR rental (Long...
Keoni Sanchez
Triplex with single meters looking to split or submeter
First time investor closing on a triplex in Allegheny County. Two of the units share the same meter for gas, electric, and water and the previous owner paid all utilities. My return numbers are still positive while pa...
Lon Sierra
2 units, only 1 meter! How to set monthly fee?
A 4/1 downstairs, a 1/1 upstairs. No separate meter. How would you go about charging utilities to tenants?
Kirk R.
Fireplace - how to cover control air flow up the chimney
I have a flu that does not seal well on a fireplace. I have a gas log that I am pretty sure does not need a vent.I can feel a draft up the chimney. What would be an inexpensive way to seal it? I still would like to...
Doug Scarano
Deal on table, I'm leaning away from it, what do you think?
quad located in little Mexico in S. Jersey. $157,500. $3050/month rent, cash. Taxes, water, sewer, trash = $9000/year. Owner buys oil for heat, this year's cost ~ $4000. Seller financing. He wants $37,500 down....
Stephen Chittenden
Thoughts on this Potential Deal
Someone has brought me a potential deal. It's a single-family home that has been renovated into 3 units. Gross rent is $2300 per month. Asking price is $150k with owner financing. Proposed deal:$15k down$135k purc...
Bruce Runn
Getting reduced assessments on purchase during covid
I bought a duplex about a month ago in Minneapolis and just talked to my assessor. I'll mention that he knows me as almost all my properties are within a 2 mile radius and he's been in several when I've challenged my...
Ken Latchers
The Third Leg of B&H rental properties?
When purchasing a MFH to B&H, to me there are several main aspects:
-- Getting property in rentable shape/rehab
-- Tenant Selection & Management
-- Financial Management
As I just completed purchasing a 6 f...