I recently purchased a rental property. It is a four unit apartment building. There are only two electric meters, one of which covers three units and the other covers a single unit. There are three gas meters. One...
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...
Hey everyone, I would like some advise on how to make my next investment and in what direction I should go please.Our primary residence has doubled in value from our low purchase price and renovations. Our lender tell...
I plan to purchase I new home within the next month and was planning on renting out 1-3 rooms to future friends/tenants. I’ve done a little research regarding tax deductions for the portion I am renting out but was lo...
Hi to All,I’m looking for advice on Utilities not paid (Ontario). I have a currently financially struggling tenant occupying my rental unit. The lease agreement indicates that they are to pay the hydro and gas utiliti...
Hi,
I am looking at a four unit property which was built in 1926. The owner furnished the following:
Sell price 130,000
Rent- 23640
Operating Expense- 11315 - (Gas 3852, electric - 4260 Tax and Insurance 3200)
Net ...
The sale of our property is in contract, the house has been empty. Closing will not occur for 6 weeks - All utilities are currently on but wondering if I should turn off Gas & Water since the house is vacant &...
Hello BP fam!Is there a way for my non-english speaking father (Polish) to utilize the power of Bigger Pockets and its forums? Specifically he is looking for a partner to purchase an Airbnb property in Florida (nearby...
Hi everyone, I have a question that I would appreciate hearing back from the BP community.Would separating the utilities in a duplex, add any value, or be a good move for a duplex I’m thinking of purchasing, cost arou...
I am trying to see what ways would be best to utilize the home equity I have in order to make some plumbing and electrical improvements for my primary residence. I have just under $100,000 in home equity (based on an ...