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dawayne Category: Need Advice
Current Grade: B-
Total Views: 316
Member Comments: 1
Posted on: 02/16/2009
Posted by: dawayne
Blog Points: 38
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i recently purchased a 3 family that was never made legal. Because of parking the building would not qualify for multi family.

 

Does anyone have any experience on managing shared utilities

Current Grade: B-
Category: Need Advice
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Brian Lucier
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Posted By: Brian Lucier on 02/19/2009
As landlord, if the utilities are not split by code, then you are picking up the tab on the expense. You may be able to get a higher rent, but having tenants pay for utilities that are not split properly, is illegal (at least in this state)