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Updated about 7 years ago on . Most recent reply

User Stats

524
Posts
145
Votes
Gulliver R.
  • Rental Property Investor
  • Seattle, WA
145
Votes |
524
Posts

When can I start billing back water/sewer bills?

Gulliver R.
  • Rental Property Investor
  • Seattle, WA
Posted

Hello BP!

I'm going to be closing on a property perhaps next month. The property in question does not have water sub-meters, but I'll install them soon after closing. Currently the owner is paying for the water and sewer bills for the entire property (including the tenants). Most of the tenants are on a year lease. My goal is to install the sub-meters and start billing back the water and sewer bills to the tenant as soon as possible.

My question is: after closing when can I start billing the water and sewer bills back to the tenants? Right away? 30 days? 60 days? 90 days?

I appreciate the insight!

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