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Hello- I just had an electrician doing some work in my two family house. I am living in the second floor. My first tenant is moving in next week.The electrician noticed that the common area electric is on the tenants ...
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Hi, I bought a building where I have common area and basement. Is common area considered Residential or business? PSEG charge me gas and electricity as business. Any input appreciated.
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"Aluminum wires is in the electrical panel. It is not a hazard, but insurance may not insure with aluminum wiring present". This is the panel in the laundry room with water heater and lots lines.This is the #1 issue f...
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Hi,I recently bought a house with an in-law unit. The size of the in-law unit is the same size of the house (around 1400 sqft for each of them). Both of them are rented to separate tenants.Currently the two units shar...
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On one of my units the property has shared electric with another unit I own. One of the units has a submeter and the other doesn't.
The tenant that receives the electric bill is the tenant that does not have a subme...
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Hello guys and gals,I am currently in the process of purchasing a 7 unit complex (built in late 1800s). The building consist of 4 studio units and 3 single bedroom units. Each Unit ranges from roughly 500Sf-650SF max....
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If a tenant doesn't pay the utilitie bills can it effect the landlord?
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Hi All just wanted to get a second opinion on a short sale Tri-plex I am under contract on.So the Purchase is $357k its a 2/1 house plus a 1/1 and studio guest house/casita out back The 2/1 has been rented out in the ...
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So, here it is, I love SFR, I have A LOT of SFR, over the course of the last two years, have been dipping into the Multi-Family space and now graduating to 100+ units - still buying lots of SFR (I just cannot contain ...
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Just curious for anyone that has done some development work, if there are any basic numbers to follow for bringing in electric and phone? I will not be bringing in sewer or water so only the two utilities.
Will th...