Updated over 6 years ago on . Most recent reply
Can you surcharge tenants utility expenses in Minnesota ?
I have a 3BR/1BA home under contract in a small town in Minnesota. The estimated value for the home is $35K, I have it under contract for $18K, and it rents for $600/mo. I was pretty excited about the 3% rent to home value, but learned from the city that they charge all utilities to the owner and not the tenant.
Does anyone know if you can surcharge the tenant for utilities?
Any other suggestions?