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Updated almost 3 years ago on . Most recent reply
Calculating STR Utilities!
Hi all, how do you go about calculating utility costs for short-term rentals, specifically for an out-of-state market? Do you Google and/or contact utility companies in that town to get an average of utility costs based on a regular (long term) single-family home?
Thanks!
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John Underwood
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I just put in $300 or $400 as a high guess and if that makes the property unprofitable then it wasn't a good property to start with.