Kenneth C.
First Multi-Family (Quad)
BP Community:
I go to settlement in a few weeks on my first multi-family unit. Ironically, my first three properties were single families, while my fourth property is a quadruplex. Given that I am still green overall...
Carlos C.
How would someone charge Light and Water on this one?
Hi everyone! I have a duplex (3/2 each side) but I'm gonna reduce it to 2/1 each side, and build a studio with kitchen on each side. Normally those studios are called an "Efficiency" here, and they include all utiliti...
Jordan F.
Water Bill from LADWP is 5 to 7 Times Normal Rate
Hello,Our water bill is normally $600-800 for a 10 unit building every two months. The last biill came in at around $4,000 and we can't figure out why. We checked all of the units, the crawlspace, the basement/water...
David Santore
Washer/Dryer - Coin Op?
The house I bought and will be house hacking in came with a coin-op washer and dryer. The dryer works like a charm, the washer....unless I can fix it, RIP.I am thinking of keeping the coin op dryer for my tenants and...
Matt Kvalheim
Multifamily Under Contract - Potential Property Tax Increase?
Hello everyone, this is my question for the community.I have a multifamily property under contract and I am in the due diligence phase. This is my first deal larger than a 4-unit property (this one is 26 units) and I...
Calvin D.
How to Charge Utilities for an Up/Down Duplex with One Meter
I'm renewing the leases for a duplex that has 2 units: upstairs (3 bedroom, 3 people) and basement (2 bedroom, 2 people + 3 pets). There is one meter for both units. The strategy I have been using as recommended by my...
Adriana Escalante
Bellies in Plumbing- Is It Worth the Fix?
Hi BP Community-I've been lurking in forums for a while but this is my first official posting!I'm super new to Real Estate and purchased my first home in Austin, TX last June. This house is my primary residence but I ...
Edouard Pierre
Price of water in Chicago & RUBS!
Hello all! I'm a newer Chicago investor but very active RE Broker. I've noticed as a homeowner (BRRRR at the moment) and as an investor that the price of water is steadily rising and approaching the $125/month coast o...
Rob Chamberlain
MHP Water Leak Issue - City Responsibility Question
I have a small mobile home park with a large water leak that is causing thousands of dollars of bills monthly which started about 3 months ago. The park is on city streets with city water sewer and has two water meter...
Jesse Curtis
Milwaukee Duplex Analysis
Hi, First time buyer of a rental property and this is my first run at the numbers for a duplex. Property is a 2/2 Duplex (1 bath) with a 2 car garage. Currently occupied. Rents and taxes are actual. Asking price is 14...