Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
New York City Real Estate Forum
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 3 years ago on . Most recent reply

User Stats

13
Posts
6
Votes
Olivia Lui
  • Investor
6
Votes |
13
Posts

Multi-unit with one water meter

Olivia Lui
  • Investor
Posted

Hey everyone, I have a multi-unit in Brooklyn and I (owner/ landlord) pay the water bills. The building is on one water meter so I cannot charge tenants for usage. Does anyone have experience in how to deal with a solution to start charging tenants for their usage, solutions like submetering like Flowritemetering.com. I don't know enough about local codes whether DEP would even allow this....what are other landlords/ owners doing, I'd imagine most of us have the same issue. Thanks in advance!

Most Popular Reply

User Stats

60
Posts
79
Votes
Eric Hajdu
  • Investor
  • Brooklyn NY
79
Votes |
60
Posts
Eric Hajdu
  • Investor
  • Brooklyn NY
Replied

@Olivia Lui

Hey Olivia, I wouldn’t bother getting the water meters divided, as I’ve never heard of an unit owner paying for water in NYC, it’s always a building expense. In condos and co-ops it gets paid out of monthly maintenance fees and on rentals it is always paid by the building owner/landlord.

If your bill is outrageous, there could be a mechanical culprit, such as leak, running toilets, etc.

Loading replies...