Michael Healy
Total utility submetering?
I am in contract on two older MFHs totaling 14 units. It's a mix and match in terms of what utilities tenants pay for between the two properties. Both have submetered electric and one has individual thermostat control...
Keith Martel
Quick HELOC Feedback for a New Guy
Hey, folks,New to the forums here, and I've been inhaling everything BP over the past couple of months.Short Story on Us: A couple looking to get into our first deal(s). Our town has a lot of single-families and duple...
Brandon McCombs
should utilities be counted in the total monthly rent amount?
We have started to allow tenants retain utilities in our name but we have wondered whether the amount we add on for utilities should be counted as part of the monthly rent, especially for reasons of aligning with the ...
Matt Faix
List apartment with utilities included or not?
We have a duplex that has shared utilities, so we are not able to have the tenants put the different bills in their names. In this case, do people typically list the ad with the base rent (so that it's competitive wi...
Hai Le
Charging flat rate for utilities
Is it legal in Oneida County in Upstate NY to charge tenants a flat rate for utilities? Example $1300/m for rent + $50/m - water $50/m for gas/eletric
Elliot Wagner
How do HELOCs with high utilization rates affect mortgage FICO scores (FICO 2, 4, 5)?
We have a few HELOCs with 97% - 99% utilization rate with balances in the range of $70K - $200K. How do these affect mortgage FICO scores 2, 4, 5? I keep reading completely conflicting advice where some sources say HE...
Adam Allard
Is there such a thing as being over conservative when analyzing?
I had my eyes on a small 6 unit apartment complex that I originally thought was a great deal, but the more I analyzed it over and over again, the smaller the margins came out every time. I'm wondering how far off thes...
William Davidson
House Turned Into A Duplex - One Meter - How To Charge Utilities?
Hi BP,I wanted to hear your take when it comes to charging tenants for utilities. The property is a single family home which I have turned into a duplex by splitting up the top floor and bottom floor by using a lock o...
Eric Grabiel
Adding utilities to increase lease agreement - reduce DTI
Hi everyone,I own a detached duplex (main house is split into two properties so three tenants in total). I have rental agreements of $1700 each - total $5100 and my total P&I is $4100. Tenants pay for water and ga...
Patrick Malinowski
[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.Hey BP!I'm looking for feedback on this deal analysis (see link above) for a triplex in C...