Hi all! I have a property that I'm renting where the gas and water utilities can't be split out. One property is a 1BR/1BA 450 sq ft unit with one tenant, and another is a 4BR/2BA 1450 sq ft unit with 4 tenants. I'm g...
What is a number that you use when doing your credit check on tenants on how much they make versus how much rent it? I usually use the 25% rule. I usually take whatever there income is and multiply it by 25% and that ...
Hey everyone - I currently have a triplex under renovation and one unit is ready to be rented out. The utility setup is unique. All 3 units share water , 2 out of 3 share gas, and electric is completely separate. To m...
I am a soon-to-be new landlord and have trouble finding answers to some questions I thought would be easier. I will most likely pay for water, sewer, and general trash. Where do I find an estimate of how much water, s...
Hey everyone, I’m looking for some advice on how to split the utilities for the in-law apartment. The apartment is not individually metered but is on its own water heater and has its own central ac unit, my side of th...
when renting out a house should the tenants pay the utility separately or should I include that in the rent, same question if I were to make it a section 8 rental.
Heating bills have been rising a lot, I would like to bill tenants for heat going forward.
Has anybody billed tenants for heat when using a central boiler run on natural gas that heats all apartments ?Let's say 12 a...
Should I separate the water and electrical meters that are shared between 2 units? I feel like in the long run it would be beneficial because I wouldnt have to worry about paying the utilities and I could lower the li...
I own a duplex where I pay all the utilities for the tenants. Each unit rents for $700, but I added $175 "utility charge" each month making total monthly rent $875. Historically, total utility costs have been right ar...
I recently just purchased a duplex that has a garage in the back.
Both units are rented and the garage is rented to the neighbor. The first floors electric is tied into the garage, and I'm looking to put the utiliti...