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Updated over 1 year ago on . Most recent reply

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Jin Mook Choi
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How to manage utility bills while listing rental property

Jin Mook Choi
Posted

Hi everyone,

I am new to out of state investor and have a quick question hope to have some clarity.

Current investment property is managed by a property management and still in process of listing. During this period, how should I handle the utilities bills? Would property management take care of those bills and forward the payment to me? Or do I need to opt in under my name while property management is listing the property?

Thank you in advance!

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Theresa Harris
#2 Managing Your Property Contributor
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Theresa Harris
#2 Managing Your Property Contributor
Replied

Your PM should handle these and bill you for them.  When you have a turnover, same thing. They don't always do this (speaking from experience where they forgot), so double check that they did it.  Most utility companies if you tell them you are the owner and it is a rental, won't ask for a deposit to set up a new landlord account.

  • Theresa Harris
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