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I'll be closing on my 6-plex in the next couple of weeks, so I'm starting to plan out my remodel for the 2 vacant/semi-gutted units. I need to do flooring, cabinets, bathroom, wall repair and paint. My goal for this p...
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Hello all,
I always preface my posts by letting you all know that I am very novice when it comes to real estate, so please excuse my ignorance.
I own a double home; I live downstairs and my tenant upstairs. It's co...
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Hi There Everyone,I'm wondering if I can split the utilities cost between tenants for a duplex I am looking at. Unit 1 is a 3 bed 1 bath (upstairs) and Unit 2 is a 1 bed 1 bath (downstairs). Is it possible/legal to ha...
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Hi everyone, I'm a beginner landlord in Essex county, NJIs there a sense to install coin-operated (or their contemporary counterparts) washer and dryer for a 4-unit property? How do I quantify that?To have coin machin...
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Hello, I am trying to move into multi-family investing and currently practicing running the numbers. One part I am struggling with it to figure out how much I would be paying for utilities. I dont see any mention on l...
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I have a duplex with long-term tenants who pay on-time every month. Problem: water bill has quadrupled for each of the last four months. Nobody has an answer. Each reports no leaky faucets or toilets. Upstairs tenant ...
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I rented my condo in November 2021. The signed lease states:"...Lessee shall pay the utility company or authorized metering agency directly for all applicable charges for electricity, water andother utilities serving ...
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What are yall using for your expected maintenance cost of a Mobile Home? Its my understanding through my reading/research that 35% is the typical number. However, I don't think I've seen it broken down as to what is i...
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Hey fellow MA investors,
Has anyone submetered their water? I bought a 3 family that has a washer and dryers in each unit. Its great in the fact that renters love it but the water usage is literally 3 times ...
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Seeking advice- We just started renting out a duplex and the tenants are responsible for utilities- Including water and sewer. There is no way to assign these accounts to the tenants directly so -the water and sewer w...