Apartments with all utilities included (or at least electric) (Honolulu: rentals, HOA)
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Looking to be living in Honolulu come summer, and would like to know if having utilities included (or at least electricity) is common over there. Would like to mitigate any price shocks from oil as much as possible
Looking to be living in Honolulu come summer, and would like to know if having utilities included (or at least electricity) is common over there. Would like to mitigate any price shocks from oil as much as possible
Vacation rentals tend to bundle the price of all utilities into the price. Long-term rental leases tend to bundle utilities except electricity, phone, and cable.
I have seen a few long term rentals with everything included, is that a bad sign?
It generally means you'll be paying more for utilities than you would if you were paying directly. Think about it... if I were the landlord doing that (maybe it's on a shared meter?) I would make darned sure to charge enough to cover the bill. IOW, I'd charge more than what I expected it to cost.
The other thing it could indicate is that it is not a legal rental unit, but an ohana (extended family dwelling that cannot legally have a kitchen). There are lots of those around.
That makes sense. I have seen a few long term rentals with everything included, is that a bad sign?
Not neccessarily - some just package it that way. I own a house I rent out near UH and up until 6 months I used to include electricity - I did it because the house usually turns over every year (students) and it was easier to have the tenants write one check. When electricity got out of hand I renegotiated the lease that the tenant was responsible for electric.
What is a typical Helco deposit running now? That would be a good thing to know when evaluating paying more for all inclusive rental vs. turning on your own utilities.
What is a typical Helco deposit running now? That would be a good thing to know when evaluating paying more for all inclusive rental vs. turning on your own utilities.
Depends on two things... your credit rating and the billing history for your address.
It generally means you'll be paying more for utilities than you would if you were paying directly. Think about it... if I were the landlord doing that (maybe it's on a shared meter?) I would make darned sure to charge enough to cover the bill. IOW, I'd charge more than what I expected it to cost.
The other thing it could indicate is that it is not a legal rental unit, but an ohana (extended family dwelling that cannot legally have a kitchen). There are lots of those around.
Most rental units I've seen that include all utilities (including electric) are Condo rentals and the Electric is included in the owners HOA payment because the building does not have individual electric meters for each unit.
The charge built into the HOA for electric is based on the the projected annual cost of electric for the building based on historical use in the building.
So if it were me and I wanted electric included in my rent, I'd look for a condo rental that includes electric. A couple nice Condo buildings I know of in Waikiki that include electric and frequently have rental vacancies are "The Four Paddle", "Pavillion at Waikiki" and "Villa on Eaton Square".
Expect to pay from about $1,700 to $2,000 month for a 1 bedroom with parking space in any of these 3 buildings. But it will also include all your utilities because the units are not individually metered.
There are obviously other buildings, those are a just a couple I'm familiar with that include Electric in the HOA.
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