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Updated about 6 years ago on . Most recent reply

User Stats

59
Posts
15
Votes
Katie Sorensen
  • Rental Property Investor
  • Arvada, CO
15
Votes |
59
Posts

Utility bills - what would you do?!

Katie Sorensen
  • Rental Property Investor
  • Arvada, CO
Posted

Hi Guys,

I have a 4 plex in Akron, OH that I just transferred to a new property manager. They got all units rented within a matter of a week, which was awesome! But they failed to charge the tenants utilities besides electric and internet (leaving me with gas, water, sewer, trash). I had marked on the property management agreement for the complex that tenants were to pay all the utilities. The leases are signed and 3 of 4 tenants have moved in already! What would you do! I'm rather upset as it seriously decreases our cash flow and again, I had indicated otherwise on our agreement.... help!

Most Popular Reply

User Stats

3,926
Posts
4,385
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Jason D.
  • Rental Property Investor
  • St. Petersburg, Fl
4,385
Votes |
3,926
Posts
Jason D.
  • Rental Property Investor
  • St. Petersburg, Fl
Replied

@Katie Sorensen I would say that if you have it in writing, the PM owes you for utilities that aren't being paid for by the tenants.

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