I'm running numbers on a four plex. The water bill seems high. What can you do to save water / money? What is the process of getting seperate meters for each unit? Are there other ways to split the bill ?
I'm used to multifamilies where each unit has its own water heater and furnace. But what If there is a home with only 1 water heater and 1 boiler in a multifamily home, how exactly would one split the bill almost ten...
On one of my units the property has shared electric with another unit I own. One of the units has a submeter and the other doesn't.
The tenant that receives the electric bill is the tenant that does not have a subme...
Hello BiggerPockets Community!I'm trying to figure out the best way to handle my utility expenses on a rental property. I haven't closed on a property yet (I actually haven't even made an offer yet *sweat-smile emoji*...
How dose one incorporate Solar panels into the lease, in terms of tenant paying the electric utility? Specifically, I am planning to rent out my home which I own solar panels and currently have a loan ending in 5 year...
I have a duplex with long-term tenants who pay on-time every month. Problem: water bill has quadrupled for each of the last four months. Nobody has an answer. Each reports no leaky faucets or toilets. Upstairs tenant ...
Ok so there was a water leak about 5 feet from the meter outside of the home. The tenant notified me of the leak 27 Jan and it was fixed 3 Feb. I spoke with the water company and the leak began during the billing cy...
I have a 2 family that all the utilities have been sub metered so each tenant can be billed based on their individual consumption. The water provider will not read and bill sub meters. Therefore, we have a main meter ...
Hi everyone.
I hope you are staying safe and healthy during this time.
I currently self manage my family's residential multi-family portfolio in New Jersey. We have never charged back to the tenants the sewer u...
Hey Guys!
Need your advise!!!
I have a few duplexes in detroit metro for last 6 years. Things are going well however we have been burned twice with our tenants not paying water bill. Both have left us with a $200...