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Updated almost 6 years ago on . Most recent reply

Jeff Marciniak's profile image
Jeff Marciniak's profile image
Jeff Marciniak
  • Member since Mar 16, 2018
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10
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Jeff Marciniak's profile image
Jeff Marciniak's profile image
Jeff Marciniak
  • Member since Mar 16, 2018
Connect
Jeff Marciniak
2
Votes |
10
Posts
General Landlording & Rental Properties

Can you surcharge tenants utility expenses in Minnesota ?

Jeff Marciniak
Posted

I have a 3BR/1BA home under contract in a small town in Minnesota. The estimated value for the home is $35K, I have it under contract for $18K, and it rents for $600/mo. I was pretty excited about the 3% rent to home value, but learned from the city that they charge all utilities to the owner and not the tenant.

Does anyone know if you can surcharge the tenant for utilities?

Any other suggestions?

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