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Updated about 6 years ago on . Most recent reply

User Stats

12
Posts
6
Votes
Michael Pike
  • Rental Property Investor
  • Dallas, TX
6
Votes |
12
Posts

Passing utility & landscaping costs to tenants

Michael Pike
  • Rental Property Investor
  • Dallas, TX
Posted

Hello Everybody!

I'm a new investor and one of the properties that I am looking at is a tri-plex. The current owner pays for the water and lawn care. My question is: can those costs be passed on to the tenants and if so should they be billed separately or should the rents be raised to cover to costs?

Thank you in advanced.

Most Popular Reply

User Stats

1,272
Posts
930
Votes
Ray Harrell
  • Investor
  • Chicago, IL
930
Votes |
1,272
Posts
Ray Harrell
  • Investor
  • Chicago, IL
Replied

Are you saying the cost of water and lawn care is the difference between you purchasing the property or not? Doesn't sound like there are high enough margins in the first place.

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