Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Commercial Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago, 03/29/2017

User Stats

128
Posts
80
Votes
David Wolber
Property Manager
  • Property Manager
  • Groton, CT
80
Votes |
128
Posts

possible high electricity use tenant

David Wolber
Property Manager
  • Property Manager
  • Groton, CT
Posted

We are currently leasing the office spaces in our building as gross leases.  Mostly are target tenants are therapists and wellness practitioners; single office type business that utilize shared waiting rooms.  The 2nd floor of our building isn't rent ready yet, but have had interest from a person who wishes to have a photography studio in there.  Our concern is that our rent numbers are based on a 5-day per week standard office use (lights, computer, etc) and this will be significantly more electricity use.  And of course, the building isn't wired for separate meters.

So in my head there are only two obvious conclusions: guess how much electricity they will use and set rent accordingly -or - meter or monitor their use somehow and charge them separately for the electricity.

There are a few circuit monitoring product's on the market for around $600 that seem feasible, has anyone used something like this?

http://www.brultech.com/greeneye/

Does anyone have any other suggestions that are not apparent to me?

Thanks in advanced!

  • David Wolber
business profile image
MOXIE Management
3.8 stars
33 Reviews

Loading replies...