Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Commercial Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 2 years ago,

User Stats

25
Posts
5
Votes
Aamir V.
  • Investor
  • Houston, TX
5
Votes |
25
Posts

utilities billing question from lease (and do you manage to make money off this?)

Aamir V.
  • Investor
  • Houston, TX
Posted

Hi - I have a strip center property where the lease says that if I manage the utilities, I can add a percentage to the bill as a management fee.

I'm wondering:

1. Is this common?  Do you have something similar in your own leases (whether you are a landlord or tenant)?

2. How do landlords use this clause?  Like my tenants are just directly billed by the utilities available here (water, electricity, gas).  What is the value-add I'd really be providing to justify a fee?

Loading replies...