Hi guys, Im new to the site. And realizing I've got a lot of studying to do. I currently own two rentals and am looking to buy a third, but am apprehensive about it. Its a 4-plex all brick built in 1950 in good shape...
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Am in negotiations with a seller of a home with a below ground oil tank in New Jersey.The seller agrees to remove the tank prior to closing,while the heating system depends on the tank.Should I also insist on a new...
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Hi everyone,
I am buying a triplex in the Philly area which is currently supplied with gas heat (for the entire house). The heating unit is very old and would most likely not make it another winter, so I defi...
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Hello everyone! I have an offer out on a triplex property I expect to win, and I would like to split out the utilities on this, though this one is a particularly hard case. -There is a 1200sqft unit on the main floo...
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I' m planning on renovating a 2x 2/1 duplex (ca 1500 sqf total). Current electricity supply is 100Amps for each unit. My GC claims this is plenty of power since hot water and furnace both run on natural gas. I w...
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With these historically cold temperatures in the eastern part of the US, I'm curious to hear if there are any additional things to look for when dealing with vacant properties (with no utilities on) regarding damage?I...
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I know what most of the advice will be but I am just curious. I am currently looking at two small apartment buildings, 6 units each, both include all utilities. The concept of including all utilities scares me becau...
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I had an HVAC system and a water heater stolen from one side of a duplex. Just curious...what kind of cost am I looking at to replace them. Since these are low-middle class rentals, I don't want top of the line...ju...
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Attention Landlords and Property Managers
In my neck of the woods, we are having record setting extreme cold temperature that seem to keep lingering on and on. In the past, we are use to having a spike for ...
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Hi, does anyone have experience with installing a sub-meter for their rental property so you can bill your tenants for water? I'm looking to do this for my 3 family home in New Jersey but don't know where to start. Do...