You can already envision it. Perhaps you even fancy yourself one of those trendy 'flippers' featured in those TV shows. You already have the space, and you're busy renovating. Meanwhile, you dream of all the tenants who will be lining up to live in this space. Because this is not only going to be the most beautiful living space in The Hague, but you are also going to be the best, most service-oriented landlord there is. Your tenants won't have to worry about anything. Your rental is 'all-inclusive.'

It's a beautiful dream bubble. So, don't let that bubble burst! Read in this blog what to consider with 'all-inclusive' rentals.

What is everything?

As a landlord, you can choose to rent out your living space 'all-inclusive.' This means that all amenities are included in the rent. Often, people think this includes utilities like gas, water, and electricity. But the term 'amenities' in renting can encompass much more. Consider service charges, furnishing and decorating your space, municipal taxes in The Hague, and TV or internet connections. So, when you mention that everything is included in your rent, what does 'everything' mean? And if you still want to rent all-inclusive, what should you pay attention to?

Great for the tenant

For a tenant, an 'all-inclusive' lease agreement is, of course, fantastic. The tenant doesn't have to purchase (extra) items because such spaces are often offered furnished and decorated, and the tenant can move in right away. There is also little to no worry about monthly bills. With a rent that includes everything, the tenant knows exactly what their monthly housing costs are. And the energy costs are a prepayment, which can be calculated based on actual consumption upon departure. With a sustainable heating policy from the tenant, this can even save some money.

So, it is entirely understandable from a service perspective that you, as a starting landlord, want to offer your living space in this way. But everything has a downside.

Pitfall for the landlord

As you've read, 'everything' is a broad term, and under the word 'amenities,' more can be included than just gas and electricity. If it is not clearly agreed between tenant and landlord what exactly is meant by these two words, it can lead to problems later on. Problems where the tenant has the right to go to the rent committee. For a landlord, it is essential, therefore, to clearly establish in advance which amenities and costs are precisely included in the rent. Another pitfall for the landlord is the fact that there are often more costs associated with renting than expected. 'All-inclusive' may mean, for example, that after each rental period, there are cleaning costs to prepare the living space for the next tenant. Or that furniture and items in the rented space need to be replaced.

You can see that 'all-inclusive' is often applicable to short, temporary (more expensive) rentals. In this way, cleaning costs and replacement costs can be included in the rent. Back to your bubble The dream bubble in which you offer a beautiful living space that provides a home for many tenants is fantastic. HouseScout wants to help you realize that dream and not let the bubble burst due to unexpected setbacks. Therefore, request a free introductory meeting today for more information. We are happy to explain how renting out a property works and what income you can expect from it. And of course, we will also discuss whether an 'all-inclusive' rent is convenient in your situation or not.