Who Pays the Utilities? #Shorts

What This Video Is About

This video discusses the importance of understanding utility payments before purchasing a property, as it can significantly affect cash flow.

If each unit has its own meter, tenants are typically responsible for their utility payments.
If there is only one meter for the entire property, the landlord may be liable for paying for everyone's utilities, including heat.
This arrangement can lead to substantial financial losses, especially during winter months, as tenants may not be mindful of their energy consumption.
It is crucial to factor the potential costs into your budget and financial projections to maintain a positive cash flow.

Investors should monitor their utility payments and factor them into their budget to avoid unexpected financial losses.