Rent by the Room strategy Utilities

[Jerome Morelos]

I plan on renting out the rooms in my property. Is it best to include the utilities in the rent or split them between the tenants? 

[Nathan Gesner]

Quote from @Jerome Morelos:

@Nathan Gesner @Nicole Masters Thanks for the advice! I like the idea of calling the utility company to ask for the average use. I was thinking of doing that, adding 20% on top and include it in the rent. To avoid utility abuse, I could include a "utility cap". Anything over $xxx amount (water +electricity) will be billed back to the tenants. What are your thoughts on that? 

That sounds like a solid plan!