Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
General Landlording & Rental Properties
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 over 9 years ago on . Most recent reply

User Stats

365
Posts
182
Votes
Michael Herr
  • Peoria, IL
182
Votes |
365
Posts

Sub-Meter garage

Michael Herr
  • Peoria, IL
Posted

In the planning stages:

3 bedroom house, super-deep lot and an oversized 2+ car garage with alley acess. 

I'm thinking about renting out the garage separate as storage space. Probably moving in myself since its two blocks away and has plenty of room for storage and office. 

I think getting running water in there is out of scope. 

Right now there's a sub-panel being fed by a 50amp breaker. 

I'm thinking about putting in a sub-meter and just sending the tenant of the house a check based on the usage. 

Has anyone done anything similar?

I put in a call to the utility company to price out a new service line. (overhead line is very close) but I'm guessing that will be cost prohibitive. 

Loading replies...