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Jake Burhans explains how landlords can save money on rental properties by shifting utility costs to tenants. If you're covering heat, electric, sewer, and water, moving some of those expenses to tenants recovers costs without raising rent.
Jake Burhans explains how landlords can save money on rental properties by shifting utility costs to tenants. If you're covering heat, electric, sewer, and water, moving some of those expenses to tenants recovers costs without raising rent.
Number 5, who pays utilities? Is it the tenant or is it the landlord or is there some mix, right? There's basically 4 main utilities which are heat, electric, sewer, and water. So sometimes it's split, sometimes one side pays all of it, but say the landlord's paying for all the utilities, there's a potential value add for us if we can put some of that back onto the tenant.
