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Updated over 8 years ago on . Most recent reply

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71
Posts
7
Votes
Greg W.
  • Chicago, IL
7
Votes |
71
Posts

tenant and waterbill advice

Greg W.
  • Chicago, IL
Posted

Hi,

I recently signed a new 3 year lease with a commercial tenant and included that she pay water bill. I recently found out that her water meter is linked to a couple residential units.

How would you handle this? I plan to credit her 66% per month, the months she paid the bill. Is this fair? How would you handle this water bill moving forward? I will pay bill but should I add a percentage of it to her rent or should she no longer pay anything towards water?

Thank you,

Greg

Most Popular Reply

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4,613
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2,995
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David Dachtera
  • Rental Property Investor
  • Rockford, IL
2,995
Votes |
4,613
Posts
David Dachtera
  • Rental Property Investor
  • Rockford, IL
Replied

@Greg W.,

Have you looked into submetering?

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