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Updated about 12 years ago on . Most recent reply

User Stats

15
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4
Votes
Hao Kung
  • Real Estate Investor
  • Kirkland, WA
4
Votes |
15
Posts

Submetering water for multifamilies in Las Vegas?

Hao Kung
  • Real Estate Investor
  • Kirkland, WA
Posted

It sounds like in general most owners are paying water&sewer for their multi units in Las Vegas, which ends up being quite a large cash flow drain.

From reading older threads, it sounds like even if I were to submeter, if most of the other competing units are not charging for water, I would potentially have higher vacancy issues as tenants would simply go elsewhere.

I'm sure this is a common issue that other owners have thought about, does anyone have any guidance/suggestions?

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