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Updated over 5 years ago,
passing water responsibility to tenants
Hello BP friends, my partner and I found an interesting property and while we look at the income statement. The first thing we notice is the water/sewer expenses is huge! it's a 30 unit and they spent $22K each year on that along! We are doing some research and planning to install individual meters to pass that responsibility to tenants. Could someone share their experience on how this could be done? Any comments will be very helpful. Thank you in advance.