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Hi everyone: I am currently in the process of sub metering a 4 unit in Cincinnati. I know there is a lot of confusion and questions about what and how things are done. I am happy to provide information and resources i...
im looking at a small duplex thats for sale, deal looks good except the current landlord pays utilities because they are not seperatly metered. have you ever had to get units seperatly metered for gas, electricity and...
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Hey BP Family,I finally purchased my first property and we are excited to meet our goals. The lot has a main 3/2 House with a detached garage and above the garage you guessed it there is a 1x1 Studio. Main house has a...
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6 plex (all efficiency/one bedrooms)
Asking: 190K
Financing: Owner, 20%down, 30 year amortization with 15 year balloon (interest is still being negotiated)
Gross rents: $2870/mo. (Slightly under market)
Down pay...
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Hey guys, I have a upper/lower Duplex that only has 1 furnace. It's setup right now so the tenants each have their own Gas bill in their name, but one of the tenant's bills is considerably higher than the others. The ...
In a 12 day period of a furnace not performing normally I spent time troubleshooting, then finally getting a sensor replaced. In the meantime the tenant could flip the switch to reset the furnace when it shut off and ...
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In my area, water providers are allowed to place liens on the property if the bill is unpaid. I've had tenants skip out owing water bills. So, on the most troublesome property I've kept the bill in my name and requi...
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I'm considering using RUBS on my 11 unit building for the gas (heat) and water.
Does anybody have experience with using RUBS, was it benefical?
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Wanted to know, if there is any benefit by adding cost of installing sub-meters in low income units. Yearly water bill is $9k to $10k. Or should i just start charging tenants part of water consumption? also can i star...
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Hello, I am a homeowner in Sacramento, CA looking to purchase a second home. I am currently analyzing deals and I am unsure how to figure out utilities for expenses. Can someone share what they use to figure theirs ou...