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Updated over 5 years ago on . Most recent reply

User Stats

168
Posts
51
Votes
Daniel Suarez
  • Fairfax, VA
51
Votes |
168
Posts

All bills paid vs non-paid

Daniel Suarez
  • Fairfax, VA
Posted

Hey All, 

We have a 16-plex that we are remodeling by improving the appearance and removing window unit and replacing them with mini splits. 

We're trying to rent them from $575 with no luck, but it's much easier to rent them with all bills paid for $700 easily. 

These are 600 sqft 1 bedroom apartments. Do you guys think I'm making a mistake by doing all bills paid to rent it faster? Considering that since the apartment is very small and the electricity chargers might not be so high?

Thanks in advance.

Most Popular Reply

User Stats

142
Posts
208
Votes
Bill Kramer
  • Contractor
  • Evansville, IN
208
Votes |
142
Posts
Bill Kramer
  • Contractor
  • Evansville, IN
Replied

When you pay utilities you are inviting abuse. 

Like setting the thermostat to 40, or 90. Or 3 hour showers, or worse yet doing 500 loads of laundry for everyone they know (if you have hookups) and washing their cars and filling swimming pools, etc...

If you provide utilities, set a cap to prevent abuse.

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