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Updated over 6 years ago on . Most recent reply

User Stats

52
Posts
27
Votes
Brandon Handel
  • Fort Wayne IN, USA
27
Votes |
52
Posts

How do I get out of paying water?

Brandon Handel
  • Fort Wayne IN, USA
Posted

So I found this duplex and almost everything about it is great. It would be a great deal... If I didn't have to pay the water bill. The water bill is going to kill my cashflow. Do you guys know of any ways to get out of this and put this on the renters besides the obvious "getting another water meter" I've heard of landlords putting some kind of meter of their own on each main line going to the different apartments and then reading it each month and billing the tenants. Then they pay off the water company. Idk where to get these or how to really go about that. Could I shut their water off if they don't pay me? If anyone has an answer for these questions or another suggestion to get around paying the water bill i would be very grateful. Thanks guys! 

Most Popular Reply

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6,023
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9,406
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Dennis M.#5 General Landlording & Rental Properties Contributor
  • Rental Property Investor
  • Erie, pa
9,406
Votes |
6,023
Posts
Dennis M.#5 General Landlording & Rental Properties Contributor
  • Rental Property Investor
  • Erie, pa
Replied
@Brandon Handel Sometimes it’s easier just to raise the rent to compensate and pay it yourself . It’s a write off . In my city I have to pay it and you are right it sucks . If the water bill kills all your cash flow / profits then your deal isn’t that great ! ...and you need to keep looking

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