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Updated over 7 years ago,
utilities for multi family
I need you help !
I own a single family in a very desirable area. I converted the home to a multi family home. The main house is a remodled 3/2 with a pool. Garage was converted to a spacious in law quarters (not permitted) 1/1 private entrance apartment with a kitchen.
I need to move for work purposes. I would like to rent the main house to one family and the in laws quarters to a single person. This will be my first investment property.
Concerns:
utilities, how do I charge the two tenants their water and electric? Do I get separate meters put in? Or should I work a deal out with the tenants to cover utilities?
No permits for efficiency? Should I get the apartment permitted?
First time I post a question, looking forward in everyone's feedback.
Oscar, Miami