Paul Tischleder
Best way to split utilities when converting to a duplex
The property has a perfect setup to create a second rental unit, with a separate driveway and entry. It's currently all under 1 set of utilities, (gas boiler heat, electric, water, sewer, window AC units). The city ...
Gilda Sanne
Rental Property Tax Deductions first year in service.
I purchased a mobile home out of state a couple years ago and decided in 2023 to remodel and get ready to rent. I rented it on December 1, 2023. Can I deduct any expenses incurred throughout the entire year 2023 for t...
Allende Hernandez
Need suggestions on how to handle utility costs for house with "efficiencies"
Good afternoon fellow investors,I just closed on my first rental property, which consists of a main house with 3 attached smaller units (efficiencies) - this is very normal in this area- , everything is on one meter.T...
David Groemping
You Favorite RUBS Company
Hi Everyone! I recently bought a 3-plex in Takoma Park, MD (outside of the city limits) and the gas and water are all on 1 meter. Adding in additional meters and sub meters is not really an option so I am going to imp...
Tyler Hyma
4 - Plex w/ Separate Electric but shared gas &water - Solution?
There is a property I am looking at with shared water and gas but separate electric. I'm curious what the best method for transferring the shared costs from me to tenants would be.
Nick Lamagna
Financing for down payments and renovations
Hello, I was interested in hearing some creative ways investors have put deals together. I often pick up multi family homes that have a DSCR that is too low for conventional financing, so we work a seller financed de...
Rocky Pe Benito
Ratio Utility Billing System (RUBS)
Does anyone use RUBS to charge tenants for utilities in Multnomah County? If so, can you share your experience?
Thanks!
Ravi P.
Blackstone/ Invitations Homes IPO
I just read an article stating: Blackstone's Invitation Homes will be going public. Largest home owner of homes in the US.I am not sure how to read this. Does this indirectly mean the RE market has peaked on a Macro l...
Cory J Thornton
Investing in farm land for lease
Hey BP Family! I recently started digging into farm leases. I learned that you can take depreciation on land leased as a farm and that in some cases, this is typically a very low touch point method of investing. There...
Darren Campbell
50% rule or 2% rule?
I recently read Brandon Turners book on Rental Property Investing. I talked about the 2% (rents should be 2% of sale price) rule and 50% (rents should be multiplied by 0.5 - principal and interest if mortgage) rule. W...