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Multi-Family and Apartment Investing

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Larry Wilson
  • Rental Property Investor
  • Indianapolis, IN
4
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14
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Deciding between me paying for water or tenant paying

Larry Wilson
  • Rental Property Investor
  • Indianapolis, IN
Posted Oct 20 2019, 05:42

I recently purchased a ten unit in Indy. I’m in the first stages of renovations and trying to decide if I should add a water meter bank, where tenants pay their on water or use one meter and charge more for rent?

What are some of your experiences with self pay vs land landlord pay.

The equipment to run 10 individual meters is roughly 10k.

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