Hi all,Just purchased my first home which I will be house hacking. The home has a separate entrance to a daylight basement that I will be renovating to convert it into a second unit. Currently, the house is on one wat...
Hey everybody, I'm exploring whether this concept would be helpful for anyone who househacks, owner occupies and rents out, or rents their own property. Feedback needed on whether this is a problem for you, whether yo...
Does anyone have experience with converting a rooming house to market rate apartments? What did you find to be the biggest hidden expenses or things to pay particular attention to?Thank you!
Hey guys! If I purchased a 2 unit multifamily that has 1 single utility meter for each utility, am I allowed to use Resident Utility Billing Services to pass on the utility charges to the tenants? I would have each un...
I am renting out a house I own in Norman Oklahoma. I currently have tenants in place with utilities included in their lease. They have been using much more electricity than I expected. My question is: am I able to rai...
Good Evening,
I am exploring multi-family 1-3 units. I have been looking around West Town, Logan, Avondale, Roscoe, Lakeview, Wicker, Bucktown. I've come across several that are taxed as single family home with an i...
I’m currently looking and negotiating a price on an older duplex for my next house hack. The issue I’m debating how to handle now is the utility situation. There are 2 gas meters, 2 electric meters, and 1 water meter...
I found a nice duplex for 120000, good location.one side is 2 bed 1 bath, other is 1 bed 1 bath. Figured I could get a gross rental income of at least 1200.No utilities are separated. Would you avoid this one because ...
My father was a first time buyer at 88 years old the realitor convinced him to buy
So he did, at closing there was one HOA he signed off on for $ 400 annually
No problem, after moving in they hit him with another b...
hello everyone . I am about to close on my first deal and I am planning on taking this to the next level by forming an llc and creating a business plan . My question is , since I will have an llc , will my home be con...