Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 14 years ago on . Most recent reply

User Stats

87
Posts
6
Votes
Eric Byrd
  • Sacramento
6
Votes |
87
Posts

Submetering gas for 17 unit apt complex? Can?

Eric Byrd
  • Sacramento
Posted

I'm looking into a 17 unit apt complex where presently the owner pays the gas bill. Needless to say, the winter months are killer..

I was wondering if anyone here knows anything about submetering gas for an apt building. The apts are in the state of ohio. What would be the cost, if it can be done and/or what would be involved..

Thanks in advance

Most Popular Reply

Account Closed
  • OR
845
Votes |
1,481
Posts
Account Closed
  • OR
Replied

I think that the cost of separating utilities gets paid back real quick.

Also, when you sell, a building with separate utilities is worth a heck of a lot more than one where the landlord pays the utilities.

I'd call the gas company and ask about having each unit put on its own meter. That way the tenant gets billed directly.

If you sub meter, you still have the problem of collecting from the tenant, and you have to listen to them whine about the cost every month.

Loading replies...