Michael Healy
Total utility submetering?
I am in contract on two older MFHs totaling 14 units. It's a mix and match in terms of what utilities tenants pay for between the two properties. Both have submetered electric and one has individual thermostat control...
Mike Hoefling
Electric Meter Swap
I found out this week that the previous landlord was paying for one of the tenants electricity, maybe unintentionally because the electric meters are mixed up. The previous landlord use to live in that particular unit...
Chris G.
Who's Responsible For Water Meter Leaking
We have a condo in a building that's 3 stories and around 20 units. There's a home owners association and condo association that pretty much manage and take care of everything on the outside of the building and common...
Jered Sturm
Reducing Utility Costs w/ Solar Panels on Apartments?
I am in the infancy phase of even exploring this idea, but was curious to see if any other apartment operators have looked into installing solar panels on their buildings to reduce utility expenses? My gut says there ...
Kasey Ryan
Cook County Estimates
Hello all!I am still working on my first dealt here, and I wanted to ask you all for a 3 or 4 unit building:How much is average for electric and heat? (common areas/the costs I pay)How much is average for insurance?Ho...
Moshe Yadgar
Help analyze a property.
Dear members, My name is Moshe, very new to RE investing, reading and learning as I go. I was able to meet a wholesaler with the following deal: Location: Shamokin, PAAge: 50 years Units: 10-2 BD's and 10-1 BD'sAverag...
Damian Gawle
water/sewer bill
Hi all!Looking into buying a 3 family in the springfield ma area. Anyone have any ideas on the avg monthly water/sewer bill in that area? I have looking for multi families for a while now but seems water/sewer cost...
Aamir V.
utilities billing question from lease (and do you manage to make money off this?)
Hi - I have a strip center property where the lease says that if I manage the utilities, I can add a percentage to the bill as a management fee.I'm wondering:1. Is this common? Do you have something similar in your o...
Antonio M Johnson Jr
[Calc Review] Help me analyze this deal
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Jerome Morelos
Who pays for utilities?
Hey everyone,I'm looking into small-multifamily property to house hack here in the Inland Empire, CA and just wondering how common it is for the utilities to paid for my tenants?