Gas and Electric Meters

Due to their hazardous nature, power meters should either be installed by employees or contractors certified by the local power company. Often a permit is required but the installer will generally be able to pull it for you.

While they can be pricey at around $2,000 per box, separate gas and electric meters will make tenants responsible for their own usage and add to the property's value to investors.

By investing some money in the multifamily property, landlords can enhance its appeal to current and prospective renters while they increase its value to future investors. Any landlord knows: happy tenants pay the rent.