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Updated over 7 years ago on .

User Stats

71
Posts
7
Votes
Greg W.
  • Chicago, IL
7
Votes |
71
Posts

commercial unit & water bill

Greg W.
  • Chicago, IL
Posted

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BiggerPocketswww.biggerpockets.comFREE - In Google Play VIEW Menu  Start a Discussion commercial unit & water bill

Commercial Real Estate Investing Forum No Replies

1 of 1 pages     Following Reply Greg W.

Greg W. from Chicago, Illinois

posted about 3 hours ago

Hi,

I recently signed a new 3 year lease with a commercial tenant and included that she pay water bill. I recently found out that her water meter is linked to a couple residential units.

How would you handle this? I plan to credit her 66% per month, the months she paid the bill. Is this fair? How would you handle this water bill moving forward? I will pay bill but should I add a percentage of it to her rent or should she no longer pay anything towards water?

Thank you,

Greg