I am just starting the landlord process here in Winnipeg Manitoba. I am renting out both units of my duplex. There are separate meters for gas and electricity, but only a single meter for water. Therefore I included water in the rental amount, and I will pay for it each month.
My worry is the usage will be out of my control, and I have heard horror stories of massive water bills from tenants. Is there anything I can add to the tenant agreement or any strategy I can implement to control this?
Thanks in advance!
@Jack Tinker , you can try RUBS for sub-metering. Make sure they're legal in your area. The downside is that if every other property in your area covers w/s in the rent, you'll be at a competitive disadvantage.
@Matthew Meikle I like the idea of bill back. I guess I would bill back 50% of the water bill to the tenants in each unit. I haven't signed any tenants into an agreement yet, so I could still add this to the agreement.