My plan is to post a series of experiences with the hope they provide information that may help someone else as they start their real estate investing journey. Lesson #1 - Don’t Open the Fridge!!One of the first thing...
I asked some Q&A to a sales rep, and it seems like a pretty good system for me considering it doesn't require wifi or a lan line. I generally just need something that i can have, once i drop my appliances in and h...
Is anyone implementing RUBS in Norfolk? It makes a huge difference analyzing deals for multi-families without separate utilities. I just want to make sure it is;A. Possible, and....B. Won't send tenants running for ...
I've decided to put a dishwasher in my rental (previous owner had theirs removed one and put a cabinet in). I've removed that cabinet and there is an electrical box in the wall directly behind where the dishwasher wou...
My husband and I purchased a multi-family unit a little over a year ago which we live in on the 2nd and 3rd floor and we rent out the 1st floor. Our first tenant was already living in the 1st floor apartment when we b...
Hello BP,I have a large older home that was a nice value purchase andI am putting some money into it and creating a nice 3-plex. I also have a 6 unit Apartment building. Neither of these is sub-metered for water or El...
I am looking to buy a 4 plex that the owner currently pays all heat/electric on.
Do you guys know the implications/cost of splitting up these bills (or just one or the other? )
Thanks in advance.
Luke
I have a small 6 unit apartment. Water/sewer/trash is all together, so that will stay on.I have a tenant lined up to move in already at the middle of next month, make ready is basically done. Previous tenant electrici...
Hi I am in the middle of a flip/rehab and wanted some advice for keeping things secure. I've had tools and several renovations broken into when vacant. Here are a few ideas:-Put up motion sensor lighting-Video or Ala...
One of our rentals has hot water heat powered by a natural gas furnace. The furnace has an automatic pilot light so it doesn't have a flame that needs to be lit. Would you leave it on in the months when it's not being...