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Updated almost 9 years ago on . Most recent reply

User Stats

6
Posts
1
Votes
Joe Frey
  • Investor
  • Massillon, OH
1
Votes |
6
Posts

How to charge for utilities when property online has one meter?

Joe Frey
  • Investor
  • Massillon, OH
Posted

I just purchased a property that was a duplex at one time and I'm converting it back to rent to two tenants. What are some good ways to bill/charge for a property that isn't metered for each individual unit? Should I just include utilities in the cost of rent? If so, how should I go about determining what to charge? 

Most Popular Reply

User Stats

65
Posts
20
Votes
Kim Bayless
  • Investor
  • Hiram, GA
20
Votes |
65
Posts
Kim Bayless
  • Investor
  • Hiram, GA
Replied

You could even have a clause in the lease for deliberately wasting use, as in the open window case above! I don't because it's a condo and I haven't had issues.

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