I purchased an 11-unit apartment building 6 months ago. The water bill is much higher than the historical average. Any ideas for a diagnostic test that could help me determine way the usage is so much higher. Occupanc...
Anyone have any suggestions on helping reduce our natural gas utility bill. We use gas for hot water heaters and heating our units in our 10 plex. We are considering adding more insulation and switching tenants over f...
I have some properties that are about to be vacant. I was thinking about ways to get creative and create a niche for myself. With the green movement being such a big deal and all the talk about energy efficiency I tho...
I just purchased a 12 unit bldg which has three corporate units. They pay between double and nearly three times market rent which is great - but LL pays for all utilities, furniture, etc.
I'm trying to brainstorm id...
Hello everyone, We are currently having an issue with utility over-usage among tenants at an 11-unit property. For example, one apartment upon inspection had an air conditioner set at 60 degrees and on the max level w...
I'm looking for a 3rd party company to execute a Utility cost savings analysis on two smaller Multifamily assets in Cincinnati (11 units) and Indianapolis (32 units). Not necessarily looking for RUBS or any sort of u...
Hello and Good evening BP Brothers & Sisters.
Tonight I wanted to post a question I have been thinking a lot about lately. "How could an investor best utilize property to lower taxable income"?
We currently own...
Hello and Good evening BP Brothers & Sisters.
Tonight I wanted to post a question I have been thinking a lot about lately. "How could an investor best utilize property to lower taxable income"?
We currently own...
Hi All, Can you look at the numbers below. I think the numbers make sense. 6 Flat B Area. Gross annual rental income $68,400Net Operating Income $25,500Cap Rate 6%P&...
I made an offer on a property that is considered a boarding house. It is a small row home in Philadelphia that is broken up into three rooms. The only common areas are the bathroom and the kitchen and the backyard. Th...