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I'm looking at getting around 30-40 unit apartment complex in Cincinnati, OH. It seems that almost every complex in the area pays for water. Does anyone have experience switching a property, if possible, in this area,...
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Hello all. I am begining my search for my first investment. I'm looking for a 3 family with a rentable basement or a 4 family, owner occupied in The Bronx. My main question is about how the utilities should be set up....
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Hello Bigger Pockets Community! I’ve been on the site for about a month now and have immersed myself in the forums and podcasts. I am a newbie multi-family investor in the Greater Hartford, CT area. I am grateful for ...
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I have a utility bill question. My tenants are required to pay their electric bills. However, my HVAC unit needed a part so the tenants ran on emergency heat for 12 days. This has the unit run off the main power sourc...
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I’m looking at a home that fits all my needs and the numbers work. The house has a steam boiler system. Do you recommend staying away from houses with a boiler system? Future problems/resale ability/safe for renters...
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New investor here. My first property was a multi-family in Iowa. I got it for dirt cheap, and now I see why. The former owner (LLC) was rather lacking on upkeep of the units. And now after a year, the utilities are ea...
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Hi all, I have a flip that is in DESPERATE need of a new front lawn for some curb appeal. My concern is laying down sod in early October. I'm in Dallas and the daily low temps typically don't get cold here (freezing t...
I bought a short sale rental house in New York a little over a month ago that had to be renovated. The gas heat was turned off last April by ConEd, the local utility company, because the previous owner had not paid t...
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I bought a duplex in Colorado Springs last year with a single furnace knowing that it was old and would probably need to be replaced in the next few years.I had a few companies give me quotes on separating the HVAC fo...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $400,000
Cash invested: $115,000
4 unit owned by a 76 year old man who didn't have the energy to care for it...