What to do with non-separated utilities?
I am looking to close on my first property in the next month and trying to finalize a few details. The current leases do not go into much detail on how the current property manager handles non-separated utilities so I thought I would reach out to you all.
In the event that a property has utilities or services payable by the tenant but are not separately metered, what is the most efficient way to handle billing said tenants in regards to ease of self managing? For instance, I thought about building the water bill into the rent payment, but I don't want tenants taking advantage, nor do I have any idea what the average bill might be at this point. On the flip side, I would rather not have to send out an e-mail/bill splitting up the water charges per tenant every month.
Is there a better way? Let me know your tips and tricks!