Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Landlording & Rental Properties
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 10 months ago on . Most recent reply

User Stats

3
Posts
1
Votes
Autumn Brooke
  • Appraiser
  • Connecticut
1
Votes |
3
Posts

Utilities with three separate tenants and one electrical panel/meter

Autumn Brooke
  • Appraiser
  • Connecticut
Posted

I have a three bedroom, single family home. I am currently renting one bedroom to a tenant. I am moving out of the house in June and intend to rent the other two bedrooms to two additional tenants, unrelated to the first tenant. Three separate leases.

I have one electric panel (single family home). What is the best way to handle electricity? 

Keep it in my name and divide the electrical cost by three each month and have them pay me? 

Put the electricity in one of the tenants' names and have them be responsible for collecting from other two tenants?

THANK YOU so much in advance! New tenant living situation for me!

Loading replies...