All Topics / Value Adding / Student accommodation/Rooming houses

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  • Profile photo of Mortgage HunterMortgage Hunter
    Participant
    @mortgage-hunter
    Join Date: 2003
    Post Count: 3,781

    You cannot factor utility into rent – what you do is set the price according to demand and supply of other rooms.

    I give strict guidelines on heater use and provide oil radiators which are safer and more efficient than the cheap fan ones students will buy.

    I also have in our agreement that they will pay any usage higher than the previous years – shown on the bill. So far I haven’t had to levy a charge on them.

    Cheers,

    Simon Macks
    Residential and Commercial Finance Broker

    [email protected]
    0425 228 985

    Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Viewing 21 post (of 21 total)

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