Jonathan Makovsky
Avg. Cost of Gas/Unit (in Northeast)?
Hi BP,
Is there a safe cost assumption I can use, for the price of gas per unit in the northeast? It is specifically for heat and hot water (tenants are responsible for their own cooking gas). Thanks.
David Swanson
Should offer Utility credit?
I have a single family home built in 1890, I insulated the attic and sealed around windows, new furnace and A/C but obviously my utility costs will be higher than new homes in the area.
I have a well qualified appli...
Ryan Reynebeau
Introduction - Looking to invest in Northeastern Wisconsin
Hello all - I've been planning to get into some real estate investing in the form of buy-and-hold for some time, and decided that a good first step would be introducing myself here on BP! First question - how do I upl...
Ian Kisbert
Dialing in my proforma
I am a new investor trying to dial in my proforma so I can start analyzing deals better and I have a few questions about where to add certain items. I am looking for 2-4 units with a value add component to the deal. ...
Phillip Syrios
Should We Install Free Nest Thermostats
Does anybody in Property Management have any experience with these? In Kansas City the local power company is having a program that residents can get these installed for free as long as they have permission from their...
Account Closed
Turning my million dollar building into more cash flow
Im a young investor - relatively new to the game. I have built up to acquire a 16 unit apt complex worth roughly a million. Here are the numbers
Gross rents - 13200/month 158,400 /yr
Operating costs avg range-82-88...
Rob K.
Landlord pays heat - lock the thermostat?
I looked at a sixteen unit multi family today. It consists of two buildings. There are a total of three gas boilers for heat. The landlord pays heat and water, but each apartment has it's own electric meter and then t...
Justin Repp
Separating utilities
Hey folks. I am looking at a MF property that is priced pretty well and is in good shape. The cap rates with heat, electric, and water/sewer included in the rents are respectable but would be double digit if I could...
Sunny Burns
Prevent Frozen Washer Machines
So we built a laundry room in an Unheated portion of the building... I live in NJ where we do have abundant below freezing days. I did just finish installing heat cable on the cold and hot water running from the house...
Keleisha Carter
Rental property investors in Orlando
Planning and working towards purchasing first home in Orlando to buy and hold. Thinking of using the property for SFR or Student Housing. Any advice of these areas from investors in the area, advice on pricing rent ( ...