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Matt Zimmerman
Pro Member
  • Investor
  • Fargo, ND
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Strategies for dividing utility billing

Matt Zimmerman
Pro Member
  • Investor
  • Fargo, ND
Posted Dec 4 2017, 21:14

Hey Everyone - 

I have a triplex under contract and am curious on how to approach this situation. The electric is metered by unit but the water is not. Ideally I wouldn't like the tenants to know I'm even paying for the water so they aren't careless. Is there a formula anyone has used to pro rate this cost based off of square footage per unit? Curious on techniques where people have mitigated this issue of being stuck with a large water bill. 

Thanks as always! 

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