Jaime Wright
Handling Utilities in Multifamily
I’m looking at purchasing a my first Multifamily apartment 4 unit or 8 unit. One thing I noticed in these older buildings is most time utilities is NOT separated. Therefore, heat, gas and water are ALL paid by landlo...
Matthew Dendulk
Condo, HOA, and what to look out for
I’m looking to purchase a condo. The initial purpose is to live in as a primary and rent out a room to a friend. My goal would be to have it paid off in 2-3 years and keep it as a rental. I’ve been told that in this H...
Alex Tonu
New flipper from Seattle, WA
Hello everyone my name is Alex married for 8 years with a brand new daughter. I work as a full-time firefighter and spend my off time hiking and enjoying the outdoors. I am new to real estate investing and have come ...
Jack Moran
Painted wood shingle siding, chipped, peeling, old
Looking at a property with painted wood shingles circa 1970~ era install. Peeling, chipped and looking bad. Lead paint is likely. Some shingles broken. I'm looking to BRRRR and long term hold. I guess the options ...
Joe Black
Utility Charge backs to existing tenants
Hello,I plan to purchase a 5 unit apartment. Currently the owner pays for all utilities. Of course I'd like to increase NOI by billing tenants for gas/electric utilities. My questions are: 1) can I legally do this (I ...
Tanner Gish
Sub metering curiosities
Hello wonderful BP community!
Here's a question for all the apartment junkies – I'm running numbers on a deal from a broker where looks like there is opportunity for management and utility segregation value add. 26 ...
Kareem Webb
First deal!!!! MAYBE
So I'm doing a walk thru of a potential investment property that's fsbo and he's willing to sell to me below market value, now the property was built in the 70's and is in a good location, I've never done a deal and j...
Melissa MacLean
Vacant house with underground storage tank beneath the driveway
I'm considering my first attempt at wholesaling, but the situation is both convenient and unfortunate:There happens to be a vacant house across the street and a few doors down from me, that I didn't realize was vacant...
Carrie A.
If you knew then what you know now!
When you first got into real estate..... As far as leases go, if you knew then what you know now, what would you change? What is something you wished you had in your lease that you didn't, and you learned the hard way!
Sara Byerly
Common Area Utilities
I have a 2 unit building with 2 HVAC systems and tenants pay electric and gas. How do I pull out the utilities for the common areas (basement, garage, staircase/entry) so I, as the landlord can pay those?