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Updated over 6 years ago on . Most recent reply

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11
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Antonio Wade
  • Rental Property Investor
  • Houston, TX
0
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11
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Possible Multifamily Deal. Utilities Question

Antonio Wade
  • Rental Property Investor
  • Houston, TX
Posted

Hey BP community.  I have been analyzing a multifamily property.  The current owner(seller) pays for the water, gas, and electricity because the property only has one meter. It is a triplex.  Two of the three units are currently rented.  One tenant is on a month to month lease and the other lease ends in April 2020. The deal would be great if I can find a way to have tenants pay their utilities.  Does anyone have any suggestions or advice on how I can get the tenants to pay the utilities so I can pursue this property.  

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