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Updated over 3 years ago on . Most recent reply

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33
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6
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Daniel Kevin Lara
  • New to Real Estate
  • Rochester, MN
6
Votes |
33
Posts

Rent with or without utilities?

Daniel Kevin Lara
  • New to Real Estate
  • Rochester, MN
Posted

So how is everyone pricing out their units when house hacking? For example: do yall price rooms on the affordable side and have tenants pay their share of utilities by splitting the bill? 

Or do yall charge each unit a little more on the higher end side and include all the utilities to save yourself the hassle?

or do you price each unit what its worth and still split the utilities evenly among the tenants? 

and if you do split utilities what are some of your formulas that you use to go about it?


TIA 🙏🏽

Most Popular Reply

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541
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268
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Dan Guenther
  • Real Estate Agent
  • Longmont, CO
268
Votes |
541
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Dan Guenther
  • Real Estate Agent
  • Longmont, CO
Replied

@Daniel Kevin Lara

Welcome to the community! I was actually born and raised in Rochester, I'd love to connect next time I'm back home. 

Personally, I'd recommend just averaging out your monthly utilities for the year and including that in your rent prices. This just makes it easier all around and one less thing for you to have to worry about at the end of the month. 

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