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Updated about 4 years ago,

User Stats

7
Posts
2
Votes
Sophie Latapie
  • Los Angeles, CA
2
Votes |
7
Posts

Bundling utilities into rent?

Sophie Latapie
  • Los Angeles, CA
Posted

Hi all. I'm considering rehabbing a rental property to make it as energy efficient as possible, including replacing appliances and converting the kitchen to induction - which could (in an ideal world) bring down energy costs to almost zero. If I were to ensure zero to very minimal utility costs, I could then market the property as "all utilities included" and assume the utility bill myself. Do you think this is a compelling marketing tactic to attract renters? Would they pay a small amount over market rent if they knew they'd be saving money in the long-term by not paying utilities every month? 

Just wondering if this could be a sound marketing tactic for renters! Appreciate all insight and thanks!

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