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Multi-Family and Apartment Investing

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Hao Kung
  • Real Estate Investor
  • Kirkland, WA
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15
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Submetering water for multifamilies in Las Vegas?

Hao Kung
  • Real Estate Investor
  • Kirkland, WA
Posted Mar 4 2013, 21:06

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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