Hi everyone! I am starting to run numbers on potential properties to develop the skill on multi families in my criteria zone before I buy my first househack hopefully the next year. I am able to get most of the nu...
I'll state a bunch of facts and then ask my questions:- Tenant lives on the 2nd floor of a 3 floor house that is a legal duplex- My father occupies the 3rd-floor space of the duplex, which is basically an efficiency...
I'm looking at a possible purchase of a 3 unit with 3 stories. Owner pays all utilities. There's one boiler and one electric panel for the whole building. Gas heat. Is there a way to estimate what it would cost fo...
Quick question. I just want reassurance.I am closing on a my first property tomorrow (house hack), and I wanted to make sure the process on having the utilities under my name is done correctly. The property is a duple...
Hello everyone, any tips for supplying water and other utilities to a homestead cabin? Currently water main is approx 300 ft from cabin. Joshua water basin company states they need structure plans.( not sure if this "...
I'm in escrow to purchase a 6 unit apartment building in Ohio and I noticed the sewer and water costs were 73% of the total monthly expenses. Is there a way to lower those utility bills? Perhaps I could pay to have a ...
Taxes: Where to manually input a Utility Reimbursement that my Property Manager put in Box 3 (other income) of the 1099-Misc? I’m using TaxAct btw.
https://www.wave3.com/2021/03/...Might be a good resource to pass on to your tenants.
Okay so I closed on a single family home 3 bd 2 bath, and we are looking at renting out each room to unrelated tenants for around $250 a month (perhaps more for the master bedroom). I was thinking of just charging eac...
Found a property and the seller includes all the utility’s and splits the bills between the 5 units. Should I run away from this model or embrace it. Also I live in the North east by Canada. In winters I am positive ...