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Updated over 5 years ago,

Chris Mackinlay's profile image
Chris Mackinlay's profile image
Chris Mackinlay
  • from Midland, Texas
  • Member since Oct 18, 2015
Connect

User Stats

90
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75
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Chris Mackinlay's profile image
Chris Mackinlay's profile image
Chris Mackinlay
  • from Midland, Texas
  • Member since Oct 18, 2015
Connect
Chris Mackinlay
  • Midland, TX
75
Votes |
90
Posts
Multi-Family and Apartment Investing

Splitting multifamily utilities

Chris Mackinlay
  • Midland, TX
Posted

Hi there.

I've been analyzing lots of multifamily houses. What keeps killing the profit are the utilities. Many of the properties have only one meter for electrical or water.

Have any of you had success with tenants splitting the bills 50/50?

How is that explained to the tenants?

Thanks!

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