I looked at 2 quadplexes this week and both had the utilities split (i.e. gas and electric paid by the tenants) but the water bill was paid by the owner. meaning that there was only one water meter.
is this the norm...
Hello everyone? I am trying to figure out a good way to account for utilities in my SFH rent by the bedroom house hack. I know other house hackers, student rentals, and transient room landlords deal with this? What is...
Hi Everyone, I was looking at a multifamily property in the Pittsburgh area, trying to run it as a MTR/ STR but the utilities are separated. Trying to see what my options are on how to split that or finance it in. any...
On one of my units the property has shared electric with another unit I own. One of the units has a submeter and the other doesn't.
The tenant that receives the electric bill is the tenant that does not have a subme...
I own a 4400 sq. ft. house which has a 2100 sq. ft. guest house in Redding, CA. With the rising cost of electricity, I am considering solar. Also, because both buildings are on one meter, it kicks it up to Tier 4, the...
I am considering buying a rental in the county.Since the water and sewer bills are associated with the taxes at the year end , is there any way of passing these costs to the tenant (is it possible to get a periodical ...
Hi BP
I'm about to place my condo property in Woodside, queens up for rent. I've calculated the costs but just realized I forgot about water, heat, electricity. Should I put that under the new tenants name and have ...
Hi,
My wife and I are thinking of turning our existing single family home into a two unit to rent out. Its a rancher and we want to turn the basement into a unit and the upstairs into another one. My question is, do ...
The importance of lowering expenses and increasing efficiency to maximize property income. How? Implementing water-saving initiatives is a smart way to reduce utility costs. By exploring options for cost-effective uti...
Choosing to pay utilities seems antithetical to most advice I've heard, but hear me out.My husband and I just bought our first investment property. I am a nurse, he is a surgical resident. As the one with more free ti...