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Updated about 8 years ago on . Most recent reply
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Shared Gas Meter!! HELP!!!
So my offer on a duplex in Delaware County, Pa got accepted today. The property is in great condition but has one problem. There's only one gas meter for the property. There's also one water heater and one furnace. Now my question is how have investors dealt with this in the past? Can I get a device to track the percentage of usage between each unit and bill the tenant? <<< (Is this legal?). Should I raise the rents and pay the heat bill myself? Or should I get an estimate to install a separate meter and other worked needed to separate them? Please share any information you have. Thanks in advance :)
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I pay the gas and water on my property and my property manager has a good way of dealing with it. If he and I agree to rent a unit for say $750 to account for rent and cover utilities, he tells the tenants that the rent is $700 and their portion of the utilities is $50 for a monthly total of $750. It's detailed that way in the lease and none of the tenants have an issue with it.