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Updated over 4 years ago on . Most recent reply

User Stats

31
Posts
7
Votes
Neel P.
  • Real Estate Investor
  • Los Angeles, CA
7
Votes |
31
Posts

Duplex, can I bill back water to the tenants, single meter? KCMO

Neel P.
  • Real Estate Investor
  • Los Angeles, CA
Posted

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.

  1. - The broker says that tenants pay gas & electricity, and the owner pays water, sewage, trash. Is this normal?
  2. - 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.
  3. - 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!

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