Aamir V.
utilities billing question from lease (and do you manage to make money off this?)
Hi - I have a strip center property where the lease says that if I manage the utilities, I can add a percentage to the bill as a management fee.I'm wondering:1. Is this common? Do you have something similar in your o...
Sabrina Bell
Multiple Property Utility Management
Good afternoon,I manage quite a few multi-family properties in Chicago and keeping track of utility bills across all properties can be a hassle. While tenants pay their own electric and gas, keeping track of multiple ...
David McCracken
Legalling splitting gas bill in Ferndale duplex
I currently own a duplex in SE Michigan, with a lower 2 bedroom flat and an upper 1 bedroom flat. There's only one gas meter. I've looked into splitting the ducting and plumbing for an additional furnace and hot water...
Elaine Lau
Multiple Tenants and Utilities
Here’s my situation.I have a house I’m renting out to two different tenants, with their own separate units. Tenant A has a family of 5 and rents the main part of the house. The terms of the original contract was that ...
Bill Burkhead
Utilities in whose name?
Hi everyone,
Curious to know if the tenant is paying all utilities do I have them put them in their name or keep them in mine and bill them? Pros/Cons of each?
thanks so much!
Daniel Pena
Very high light bill!
Hello BP,I just got word from my tenant that her gas/light bill was $500 this month! I know it has been cold this past month but I think that is way too high. I did go by to look at a few things last month and notice...
Jared Souder
Keeping utilities in your name or leaving it to tenants?
Is it better to make tenants put utilities in their name or to keep it in your name and just bill them directly for it? I haven't read much about landlords doing that, but it seems like it would be simpler in the lon...
Katie Jewell
What qualifies as a utility- tenant arguing this point
I have a question regarding a tenant. He is one of our tenants in a new duplex. The agreement between him, the old owners, and ourselves was that he would split the water bill with the other tenant and that was writte...
Matt Faix
List apartment with utilities included or not?
We have a duplex that has shared utilities, so we are not able to have the tenants put the different bills in their names. In this case, do people typically list the ad with the base rent (so that it's competitive wi...
Nate Anderson
5 Utility Considerations Every Multifamily Investor Should Know
An often overlook discussion of multifamily investing are utilities. While the topic may not be top of mind among most investors having a plan reading them could mean the difference between added income or incurring u...