Has anyone use RUBS (ratio utility billing system) on a small multifamily property (say 10 units or less)? Is it cost effective for smaller units? What are your thoughts/experiences? Thanks!
Hi everyone I am looking at making an offer on my first deal. I would like to have each tenant pay for their own utilities. I know some laws may require that certain things be set in place to have tenants pay for thei...
Hello,Looking at a property tomorrow that is a triplex, 2 buildings, but 2 of the units are on the same electricity and water. I'm wondering if FHA requires electricity to be separate for all units or if that isn't a...
Hey all - I'm new to the RE investing game and have some (probably dumb) questions regarding cash on cash returns. As some background, I'm looking for turnkey or close to it and would be using a management company sin...
I have a SFH that I am planning on renting out to two separate tenants. The upstairs and downstairs of the house are completely separate with separate entrances. However, since it is a SFH all of the utilities are cur...
Hi fellow BP fans,Considering mid-term rentals (MTR) for my single-family home (near two hospitals, targeting traveling nurses/doctors). Most MTRs in my area include utilities, but my California property has very high...
I am looking into purchasing a 4 unit in Ohio as my first property. When we viewed the property it appeared that the water meter is not connected. We requested utility bills and after some time finally receive them. I...
We recently purchased a small mobile home park in New York State. We are on private well and septic. Our contractor had mentioned that we could install meters on each of the pads and have tenants pay for the water. I'...
So my husband and I have a combined $25,000 ($11,000 in mine, and about $14,000 in his) in old 401k's that I am looking to possibly use as down payments for rental properties in either a self-directed IRA or something...