General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 11 years ago on . Most recent reply

Prevent Abuse of Shared Electric/Water in SFH Rental
Hello BP!
I recently purchased a 2 unit SFH and will live in one, rent out the other. The house has 1 meter each for water and electric and I plan on including these utilities in the rent.
Couple of questions:
1. Should I advertise the rental unit w/ utilities included, or specify the base rent and include a fixed cost per person (or something to this effect)?
2. How do I encourage conservation of the utilities to minimize my expenses?
3. Other tips/ideas?
Thanks!
Most Popular Reply

Install separate meters for each unit. That is the fairest approach, so each pays to the degree that they actually consume.