Hi there! I'm wondering if anyone has used sub-meters on a multi-unit property. I'd like to sub-meter the water to bill accordingly instead of just splitting the water bill down the middle (for two existing units). ...
We own an old home that was created into a triplex many years ago. It’s not separately metered for electric (needs major electrical upgrading to do so and will do in the future) and there’s only 1 furnace.Had intende...
Recently get a triplex and the city said it will cost 10k to add two water meters. Even at $100/month for water that would take me 8.3years to break even. Is it worth it or am I missing something?
Is it feasible or even possible to split the gas service for a duplex? I see that electric service is commonly split so each tenant can be responsible for the bills.
How do I charge the tenants electric and water when everything is on one meter in to
costly two separate
I plan on renting out the rooms in my property. Is it best to include the utilities in the rent or split them between the tenants?
Good afternoon fellow investors,I just closed on my first rental property, which consists of a main house with 3 attached smaller units (efficiencies) - this is very normal in this area- , everything is on one meter.T...
Hi Community Newbie to the community looking to get started in rental properties. I've heard of people using rental properties to lower their taxable income but I'm not clear how this is possible. From what I'm gath...
In the last years, the rent amount on a BRRRR property has become the defining factor for the loan amount. It used to be mostly LTV and appraisal, now it's the 1.2 DSCR, so in that way rent is becoming the limiting fa...
Without giving a lot of personal details, here is the situation:
Student loan $100,000
Monthly payment on student loan $1,000
Monthly income available to throw at student loan $3,000
Should I:
A) completely pay off ...