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Updated over 2 years ago on . Most recent reply

User Stats

36
Posts
9
Votes
Misael Herrera Granados
  • Olathe, KS
9
Votes |
36
Posts

Renting an old House Hack by the Room

Misael Herrera Granados
  • Olathe, KS
Posted

Hello all, 

I have vacated one of my properties and where I use to house hack. Since the other two rooms are currently rented by the room, I will be renting out the room I use to stay in to a different person and continue renting it by the room. 

My question is: now that I will be renting out the house by the room and all renters are individuals, how do I go about having them pay for utilities (Wi-Fi, water, gas, electric, water)? 

My initial thought was to keep the utilities in my name and connected to my credit card, and having them pay me directly for the utilities, but maybe there's a more efficient way to go about this? I want to continue managing the property, so I don't want to hand over management responsivities to anyone else. I feel that I cannot expect one of them to take care of the bills and having the other roommates pay him for utilities because he may see that as a type of property management and charge me for it. 

Any ideas on a more efficient way to go about this?

  • Misael Herrera Granados
  • Most Popular Reply

    User Stats

    255
    Posts
    73
    Votes
    Jeet Sangha
    • Realtor
    • Gilroy, CA
    73
    Votes |
    255
    Posts
    Jeet Sangha
    • Realtor
    • Gilroy, CA
    Replied

    Hey Misael, I think you'll have to keep the utilities in your name, divide the utility bills among all three and bill them individually. Or, you can charge higher rent, enough to cover your utility bills year-round and you take care of the utilities. I don't see any other way since rooms are not individually metered. 

  • Jeet Sangha
  • Loading replies...