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My wife are relatively new to investing, but last year, we dove in. One of our properties is a 4-plex in the Birmingham, AL area. It was built in the late 1970s, is a 2-up 2-down with an unfinished basement. The basem...
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Looking at a 20 unit. Landlord pays electric, it is all on one service.
what would an estimated cost be of installing individual panels/meters so each tenant can get electrical service in their name?
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Looking for advice. I have a 4 unit in Lower Michigan which has 3 of the 4 units on the same hvac system. I am looking to split the utilities to tenant paid & exploring either a mini-split or baseboard system. The...
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I got a home inspection on a new home I was purchasing. The home inspection did note that the AC unit was beyond its normal life and would probably need to be replaced within a few years. However, after purchasing ...
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*This link comes directly from our calculators, based on information input by the member who posted.I am considering purchasing this 4 unit property, and I would like your perspective. B...
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For those that have properties with window units, do they have heat as well? The AC-only units are vastly less expensive, but I suppose that invites tenants to use space heaters in the winter which might be unsafe. ...
22 units = $10350Vac loss 7% = $725Rent gross= $9625Operating Expenses = $3700NOI = $5925 ÷ 12% cap = $49375 × 12The value of my property rented$592,500The property sits vacant as of now .And I still owe the previous...
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Hi everyone, this is my first post and I am looking for some insight on a situation that has arisen.Background: I purchased a duplex in Milwaukee and inherited a tenant in one unit that is on a month-to-month lease. D...
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Hi, I own a 7 unit multi-family property in Cleveland Ohio. Recently I renewed my insurance policy. The insurance company sent an inspector after I started the coverage. After the inspection, the insurance company sai...
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I recently read an article that there is a 30 % Federal Tax Credit for installing Solar Panel. Does anyone know if this is also available on investement properties?