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In my limited experience as a landlord, this is the first time I've come across this situation, so I was hoping to get some feedback/advice from other landlords...
One of my tenants just called my property manager to...
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Hi,I purchase a property for 136k quickly from a wholesaler not knowing all the issues it came with 19 months back. It is originally single family built in 1961. Previous owner converted to duplex and managed to get a...
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Hello,I would like to know if there are solutions to this problem:Despite the thermostat being set to 68-70 degrees, the tenants will plug in electric space heaters and drive up the electric costs.This is a 4 unit bui...
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Two questions. If you were looking at a multi family and the current owner pays utilities how do you go about dividing them at least electric? Also if 2 units have a boardwalk to get out of their unit and the other ha...
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Heres the deal...4 plex, rents or 1740/mExpenses are 40 for electric, 35 for trash, mowing/snow- 150 for a total of 225PITI - 850Vacancy/PM/Capex/Maintenance-556total expense =1631this seems to be one of the better de...
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Hi All, Long time lurker here. I am looking to close on my second ever property, my first was a duplex near the FQ in New Orleans that I airbnb'd and sold last year for about 100k profit. I am moving to Oceanside a...
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I purchased a home that was gutted and now I am in a the beginning stages on getting my prices for insulation and heating. The property is located in Connecticut where our winters can last 3-4 months. The house is:1,...
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I just closed on my first property and also got my first quote for updating the electric. For a 4 Bedroom house in North Carolina what would you say the normal cost of replacing the Electric in the house be? This fi...
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Hello BP. I currently own a duplex that has separate electric meters for each unit. My unit in which I am living in is a one bedroom one bathroom apt. The other unit us a 3 bed 1 bath apt. with 3 people living in it. ...
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Just picked up an 8000sqft building in Western mass (7 apartment, 1 commercial space) that is heated by oil and paid for by the landlord. My partner and I are looking at creating a dual fuel system, where heat pumps ...