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Updated almost 9 years ago on . Most recent reply

Transitioning What Tenants Pay
If you're looking at a property, and the owner pays gas, electric, water, and / or trash, what are your thoughts on transitioning the next tenants that move in to paying all of their own utilities? This is assuming that the competition is not paying for all of these items. I know that if the competition is paying for these items, then I would run potential tenants off if I didn't pay for it.
Thank you,
Most Popular Reply

Ive found if it's already in the rents, it's in the rents for a reason. Likely they have to include it to compete. Every time I have attempted to breakout something like utilities, I've ended up having to fold on that idea. At this stage I never assume I can breakout services or raise rents when buying units.