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Updated over 4 years ago,
House Hack Utilities
I purchased a house hack with my tenant occupying the basement only and I have built a small kitchenette in the basement for the tenant. I am wondering how should I charge or not charge for utilities. I am occupying a larger space of the house. Also, I may get a roommate on my level.
Split down the middle?
Cap limit what I will pay then split over that amount? Ex. I pay up to $100 and then we split anything over that $100.
I cover utilizes entirely?
I want to make sure the tenant has some “skin in the game” in terms of utilities.