Updated over 4 years ago on . Most recent reply
Duplex, can I bill back water to the tenants, single meter? KCMO
Hi all,
I'm evaluating a duplex deal right now in Kansas City, Missouri. It's my first ever multi-family deal, so learning a lot right now.
- - The broker says that tenants pay gas & electricity, and the owner pays water, sewage, trash. Is this normal?
- - The water meter is a single meter. The broker is claiming that this can be billed back to the tenants. Is this true? I can't figure out the exact answer for whether its legal to bill back water if its a single meter.
- - If its a single meter, can I change this to individually metered? Or is the cost for doing this typically a lot? This is an older building (1954).
Thank you for any insight!