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Hi! I'm considering a two family property that uses oil for heating/hot water. There is currently one furnace and the current owner includes all utilities in rent. Since oil is such a variable, and could add hundre...
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When determining rent, has anybody else had the fair market price be greater (by about $300) than the rent observed in their market?
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Ok, I’m cracking into this REI adventure and my main goal was to start flipping houses. I have a team and I have the knowledge on where to find a deal and how to run the numbers. The only thing that isn’t appealing to...
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Hi everyone! I have a question about what to do with the electric and water when showing the rental, do you leave them on and keep paying for them or shut them off? I have personally been shown rentals that do both bu...
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Hey everyone, I’m looking for some advice on how to split the utilities for the in-law apartment. The apartment is not individually metered but is on its own water heater and has its own central ac unit, my side of th...
I have a SFR with 2 units. There is only 1 meter for utilities at this property so utilities are included in the monthly rent. I have verbiage in the signed lease as follows:
Utilities – Reasonable utilities are in...
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Hi All,I'm currently looking at a 5 family (with potential for a 6th on the top floor) and two commercial storefronts (1 restaurant and 1 clothing store) in my town. I'll come back with the numbers later. What I'm l...
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Two years ago we purchased a primary residence with a basement apartment. We have been renting out the basement unit with utilities included as there is only one meter on the house. We are moving overseas for a few y...
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So I'll first lay out the basics of the deal... and then pose my quandary..... that felt like an elegant sentence lol. 2 unit building near major medical/college campus'Last 5 sales on street for similar properties- 3...
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When it comes to SFH house-hacking, how are folks coming up with estimates for single bedroom rentals? My typical tools for duplexes (Rentometer / MLS) don't work super well in this case since they assume you're renti...