All Forum Posts by: Kathy Lowery
Kathy Lowery has started 6 posts and replied 13 times.
Post: Altering Tenant Utilities to Make Property CashFlow?

- Posts 13
- Votes 9
Is this a thing? I'm considering making an offer on a multi-family. This would be my first multi-unit purchase. The only problem is that it does not cash-flow due to the owner paying ALL utilities. I don't want to start off negatively with tenants, but that's the only way I see this working. I was thinking to have them pay electric since that is the largest bill. What are your thoughts?
Newbie needing help.
I had the option to choose what rate and points I wanted. They varied from 3 to 5%.
Hi Bedford! I'm a bit of a newbie as well. Wanted to say congrats on starting your real estate journey! Don't have a lot of experience or knowledge as of yet but I believe the first course of action will depend on your goals. Maybe finding an awesome real estate agent?