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Multi-Family and Apartment Investing

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Kim H.
  • Real Estate Broker
  • Dallas
10
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116
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Cost to Separate Water Meters

Kim H.
  • Real Estate Broker
  • Dallas
Posted Dec 9 2013, 21:16

I finally got an answer today on the cost to separately meter my intended 9 unit MF property...$8000 per meter just for the capital recovery fee for the city. Then add on any installation charges. I was shocked to say the least.

So, this new landlord will be allocating water bills and billing tenants for their portion. I have been researching the rules and think I have it figured out. Unfortunately, I haven't found any billing companies that will do it for me with less than 100 units. Anyone know of a company who will work with smaller properties?

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