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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
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Buying & Selling Real Estate
HomeForumsBuying & Selling Real Estatecommercial unit & water bill
Greg W.'s profile image
Greg W.'s profile image
Greg W.
  • from Chicago, Illinois
  • Member since May 21, 2014
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Greg W.'s profile image
Greg W.'s profile image
Greg W.
  • from Chicago, Illinois
  • Member since May 21, 2014
Connect
Greg W.
  • Chicago, IL
7
Votes |
71
Posts
Buying & Selling Real Estate

commercial unit & water bill

Greg W.
  • Chicago, IL
Posted Jun 27 2017, 13:37

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BiggerPocketswww.biggerpockets.comFREE - In Google Play VIEW Menu  Start a Discussion commercial unit & water bill

Commercial Real Estate Investing Forum No Replies

1 of 1 pages     Following Reply Greg W.

Greg W. from Chicago, Illinois

posted about 3 hours ago

Hi,

I recently signed a new 3 year lease with a commercial tenant and included that she pay water bill. I recently found out that her water meter is linked to a couple residential units.

How would you handle this? I plan to credit her 66% per month, the months she paid the bill. Is this fair? How would you handle this water bill moving forward? I will pay bill but should I add a percentage of it to her rent or should she no longer pay anything towards water?

Thank you,

Greg

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