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Updated about 5 years ago on . Most recent reply

Kevin D.'s profile image
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Kevin D.
  • Investor
  • from Wilkes-Barre, PA
  • Member since Sep 30, 2014
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179
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Kevin D.'s profile image
Kevin D.'s profile image
Kevin D.
  • Investor
  • from Wilkes-Barre, PA
  • Member since Sep 30, 2014
Connect
Kevin D.
  • Investor
  • Wilkes-Barre, PA
42
Votes |
179
Posts
Buying & Selling Real Estate

Electric heat

Kevin D.
  • Investor
  • Wilkes-Barre, PA
Posted

I'm looking at a four unit that has gas heat for the common area and has 5 separate electric panels (1 for each unit and 1 for the common area).  Each unit has electric heat and would be paid for by the tenant.  A property manager I know told a horror story of a tenant taking a landlord to court because they had an enormous heating bill last winter because they had electric heat.  Has anyone ever heard of anything like this?  Are there any other stumbling blocks to look out for in this situation?

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