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Updated about 4 years ago,
Realistically, can I make tenants pay for Water and Sewer?
Cleveland Water is now billing clients monthly versus quarterly. Is this our opportunity to opt out of paying these bills? I'm talking about low income housing. Are any Cleveland Investors making tenants pay ALL utilities? It seems that most applicants expect the landlord to pay these bills. It would be a lot easier to analyze a deal and recognize cash flow If I can rent units without accounting for utilities. I HATE utilities more than any other expense because they fluctuate. On one property I pay $52.00 on average for Water and sewer per month. On another property the bill is sometimes as high as $300 combined. I am looking into Fixed Utility Rates.. I am just curious, what are you guys doing?