Adding utilities separate to rent amount
Hi all,
I am looking at buying townhomes and condos as buy and hold rentals. Some complexes have a portion of the utilities included in the HOA dues, so that tends to push the amount of the HOA dues way up. So my question is, has anyone had success in charging tenants rent plus a "utilities fee"? I'm afraid that just tacking it onto the rent amount will cause renters to skim over my property as "overpriced" compared to a similar property that doesn't include utilities.
So if you have done this, how do you market it? And how do you structure that in your lease?
Thanks!