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wantboost

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Posts: 89
Reply with quote  #1 

Should I collect utilities before they are due or with rent so I can keep track and tenant doesnt forget to pay??

Also . As utilities are 1 month behind do u bill tenant after they moved out for their last month or is their first bill from then month they didn't actually use ?? I collect utilities with etransfer
LLinVA

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Posts: 545
Reply with quote  #2 
It's up to you. This is why some people include the utilities but increase the rent accordingly, it's a simpler transaction all around. We wait to receive the bill and then charge them for it. They can pay with their rent, or send a separate check. If they moved out, we would wait to send their security deposit refund until we've received the last utilities payment, otherwise we'll take it out of the security deposit. 

As for first and last months, it's up to you, just don't do both. If they are there for twelve months, they should only pay for twelve months of utilities. Whether they pay the first for when they weren't there or wait, it's up to you. I would rather they pay while still living there, so I wouldn't skip the first month in hopes that I'll actually get my money for the last month after they've moved out.
wantboost

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Posts: 89
Reply with quote  #3 
Quote:
Originally Posted by LLinVA
It's up to you. This is why some people include the utilities but increase the rent accordingly, it's a simpler transaction all around. We wait to receive the bill and then charge them for it. They can pay with their rent, or send a separate check. If they moved out, we would wait to send their security deposit refund until we've received the last utilities payment, otherwise we'll take it out of the security deposit. 

As for first and last months, it's up to you, just don't do both. If they are there for twelve months, they should only pay for twelve months of utilities. Whether they pay the first for when they weren't there or wait, it's up to you. I would rather they pay while still living there, so I wouldn't skip the first month in hopes that I'll actually get my money for the last month after they've moved out.


When I send them a bill 2 weeks in wont they be like wtf .!?!?
How do I explain this to them
LLinVA

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Posts: 545
Reply with quote  #4 
It's up to you. If you wait, I would at least wait to send them their deposit refund until after the utilities are finalized so you can take it out of that. 
wantboost

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Posts: 89
Reply with quote  #5 
Quote:
Originally Posted by LLinVA
It's up to you. If you wait, I would at least wait to send them their deposit refund until after the utilities are finalized so you can take it out of that. 


My municipality doesnt allow deposit. Just first and last month rent . So I dunno how this would work
LLinVA

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Posts: 545
Reply with quote  #6 
Are you sure? Where in the country doesn't allow you to collect a deposit when renting? I've heard of limits to how much the deposit can be (such as 2x the monthly rent), and a lot are strict about what you can deduct from it and how fast it has to be returned once they're out, but I've never heard of anywhere not letting you have a security deposit. Are you sure you didn't misunderstand it? A lot of people think it's first and last month's rent, but that last month's rent is actually the deposit, but landlords who don't know any better let the tenant apply the deposit to the last month's rent and then get screwed when the tenant moves out and there's damage. 
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