Lease Option & Utilities

General Real Estate Investing
1

Kind of a dumb question but I need to determine this to calculate monthly cash flow:

When using a lease option, are the tenant buyers responsible for paying their own utilities (gas, electric, cable, etc.)?

While I feel like the answer is yes, I just want to confirm…

Thanks,
Jesse

2

yes, have them register gas, electrical, water under their name because what if they dont pay on time or skip paying.

3

Absolutely!

As Lovetoknow mentioned;

They need to be held responsible for the utilities. This way it is one less thing that YOU are responsible for!