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Updated over 9 years ago on . Most recent reply

User Stats

34
Posts
6
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Ron Tafoya
  • East Wenatchee, WA
6
Votes |
34
Posts

Utilities Question

Ron Tafoya
  • East Wenatchee, WA
Posted

Hi, new landlord here with just under a year into rental property.

I have read through numerous posts about this but wanted to ask the question, do you have tenant pay all utilities?   

My tenant has a one year lease which is up in May.  Tenant pays $1275 rent plus water, rental mortgage is $1119 .  I pay sewer, garbage, and electric which in a monthly breakdown comes in at around $80 per month.  I am thinking when lease expires go to a month to month with all utilities paid by tenant.  Essentially I would be raising rent but not the actual dollar amount per month for "rent".  At the very least I will have tenant pay Electric and Sewer to increase my profit margin.   

Thanks

Ron

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