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General Landlording & Rental Properties

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Mike Lalor
  • Stillman Valley, IL
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11
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Who pays what bills?

Mike Lalor
  • Stillman Valley, IL
Posted Apr 29 2016, 11:12

First time poster here.  I am looking to buy my first rental.  When it comes down to who is in charge of paying for what bills, do I the landlord have control over that?  for example i notice some rentals the renter is responsible for the water bill, in other rentals they are not.  Is this all determined when the lease is signed?  If i purchase a property with people in the middle of their lease would i have to wait to change these bills until the end of the lease?  

thank you so much in advance

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