I am looking into getting a 4plex and found out that all utilities are being payed by owner and the rent is not adjusted for this. I am trying to be creative and buy the place and factor the cost of paying the utiliti...
Hi,I am wondering if someone would be able to assist me in a good streamline process for handling utility bills. We have a total of 7 units. Tenants pay all utilities except for the water bill. At this point in the ga...
Let's say we have our Gross Potential Rent and we add to it Utilities and Misc. Then we have to exclude Physical Vacancy and Economic Vacancy to get to our Gross Operating Income, right? 1. What info do you use for Ut...
So how do I make my tenets pay all the utilities? Due I put it in the rent agreement? Also, how do I make sure that tenets don't turn into squatters?
Is it legal to charge more for utilities than why I pay for utilities?Example: can I charge a flat rate of $50 a month for electric if I only pay $40 a month? Or is this illegal? I’m trying to find little ways to add ...
Hey guys, just analyzing my first example STR/VR. I've read that in order to properly estimate utility costs for an area, one just has to call up the local departments. This might seem basic, but what questions should...
Hello!I'm currently on a serious hunt for my first rental property. I am very concerned with the idea that the "landlord pays to utilities". This seems like a crazy expense. There is high demand for rental spaces in m...
Hello! With a Multi-family rental property what utility costs are expected? Is it possible to have the tenant pay the utility costs if their unit in the property is individually metered for electricity, heat and water...
I am looking to offer on a multi family property. Currently the owner pays electric for each unit (10 total). Each unit is separately metered and I would like to get them to pay for electric themselves. Looking for ad...
I had sewer issues in one of my rentals and was told that the utility company responsibility for pipes starts ONLY at the sewer even if the pipes from your house go under the street. Of course the road commission gov...