Estimate $$$$ how much to separate meters in a multifamily/duplex

[Brett Fine]

So I know that its ideal to have separate meters in a multifamily. I usually pass on properties that don't have separate meters out of ignorance because I don't have experience with converting to separate meters or have any idea of cost.

Any advice, estimates, on how much this has cost. I realize every scenario is different.

Thanks in advance.

[Patsy Waldron]

Meters for what? Water, electricity, gas?? 

Two months ago I got quotes for sub-metering water in a multifamily I own. The cost was right around $400 for each unit. In two and a half years I would break even on the investment.... Not bad if I hold the property for a long time.