Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 2 years ago, 12/29/2022
How can I pass utility costs to the tenants?
In most of my buildings the tenants pay for their own utilities. However, in one of my multifamily buildings (24 unit) I pay for both the water and heat (gas) which is costing over $55/month/unit. It isn't cost effective to install individual water meters or individual gas meters. What have you implemented to have the tenants share the responsibility for water and/or gas usage? What has or hasn't worked for you?