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Updated almost 2 years ago on . Most recent reply

User Stats

18
Posts
11
Votes
Daniel Kokodoko
  • Investor
  • Round Rock, Tx
11
Votes |
18
Posts

Shared utilities question in Atlanta area

Daniel Kokodoko
  • Investor
  • Round Rock, Tx
Posted

Hello all, I just closed on a small Single Family home in the Atlanta area (Stone Mountain). I'm currently rehabbing the property and I'm planning on finishing up the basement to make it a stand alone 1BR rental (Long or Medium term) with separate entrance. Unfortunately it may not be cost effective to have separate gas and electric meters for the main house and the basement. I would have to keep gas and electric in my name and handle billing the tenant(s) their portion through the respective leases.

Of the gas and electric plans offered in the area, any one has suggestions on what plan may work best for landlords? Any suggestions on the best way to handle utilities in this situation?  

Most Popular Reply

User Stats

18
Posts
11
Votes
Daniel Kokodoko
  • Investor
  • Round Rock, Tx
11
Votes |
18
Posts
Daniel Kokodoko
  • Investor
  • Round Rock, Tx
Replied

Thanks, Kyle. This is a pure investment property for me. I don't plan on living there.

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