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All Forum Posts by: Leonida Miraglia

Leonida Miraglia has started 1 posts and replied 4 times.

Quote from @Grace Gudenkauf:

You need to bake the utilities into your rental amount and pay the bills on your end. 


 Thank you, @Grace Gudenkauf :)

Perfect, thank you both, @Colleen F. and @Kevin Sobilo! 

Quote from @Colleen F.:

@Leonida Miraglia just to be clear are you renting by the room or to a group? If it's a group let's say students. The utilities are up to then to divide. Just put the name of the utility payers in the lease.

Thank you @Kevin Sobilo for your insights.

@Colleen F.
I'll be renting by the room - regardless of the lease (that I am still working on), any one tenant might move in or out (within contract's limits) independently of the others.

Hi everybody,

I know the topic is trite and got innumerable discussions over time, but I still find little to address this specific scenario.

I am about to rent out a house for the first time, 4 separate single rooms, 4 separate tenants unrelated to each other.

I can totally see the convenience of letting (say) a family take over all the bills for the property, but how could that work with 4 separate tenants?

Even if you ask everybody to take one bill each, so as to keep things as balanced as possible, would you ask one to take over the Garbage coming out of their bank account, and another one to take the Electricity? (far from balanced).

And what happens if one stops paying?

As a landlord I would face a problem anyway in this case, but if this becomes a burden on the other tenants, too, wouldn't this push away the good tenants?

Nevermind the bureaucracy that this would entail with each tenant moving in/out.

As much as I try to think about this I cannot find a solution that could prove more convenient than keeping all the bills under my name and requesting payment when they are due (with all the other downsides that I am aware of).

To all the experienced landlords out there, any advice on this would be very much appreciated!

Thank you,

Leonida