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Updated over 1 year ago on . Most recent reply

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Kevin Perez
  • Investor
  • Remote
7
Votes |
17
Posts

Meter Split - is it a possibility (Advice needed)

Kevin Perez
  • Investor
  • Remote
Posted

I Currently Own a Duplex in Montgomery AL, the property sits on one meter initially i thought covering utilities wouldnt be so bad due to how much cashflow i was receiving from the property but it has been my lingering issue. I am thinking of meter splitting the duplex is vertical where there are stairs on the outside that take you to the front door, it has its own kitchen bed room living room and was accepted by S8 as a one bed but my concern is that when i have to make it verified by the city if they wont accept it just because it doesnt have a back yard and i dont want to open a pandora box of issues by calling the city or attempting the meter split and them telling me it cant be done. I might be over thinking it but would really appreciate some advice from anyone who might know a little more than i do. This was my first rental by the way so excuse my ignorance on not knowing what a meter was LOL 

Most Popular Reply

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68
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40
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Dustin Woodley
  • Real Estate Broker
  • Prattville
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68
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Dustin Woodley
  • Real Estate Broker
  • Prattville
Replied
Quote from @Kevin Perez:

I Currently Own a Duplex in Montgomery AL, the property sits on one meter initially i thought covering utilities wouldnt be so bad due to how much cashflow i was receiving from the property but it has been my lingering issue. I am thinking of meter splitting the duplex is vertical where there are stairs on the outside that take you to the front door, it has its own kitchen bed room living room and was accepted by S8 as a one bed but my concern is that when i have to make it verified by the city if they wont accept it just because it doesnt have a back yard and i dont want to open a pandora box of issues by calling the city or attempting the meter split and them telling me it cant be done. I might be over thinking it but would really appreciate some advice from anyone who might know a little more than i do. This was my first rental by the way so excuse my ignorance on not knowing what a meter was LOL 


 They make hardware and software that will allow you to record how much water each side is using. That may be a cheaper safer solution. Call me if you need any help! 

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