Gas bill needs to shrink now!

[Tim W.]

10 unit in Cleveland, OH. Only 5 tenants and gas bill is $700/month. Is it me or is that high? What change/upgrade should I do to reduce this bill other than charging the tenants a "utility bill"? Any help/advice would appreciated. Thanks, Tim

[Jad Boudiab]

@Tim W. if you have a boiler heating up this place, as many smaller Cleveland apartment buildings do, you'll run into higher heating costs and gas bills.

$700/month - $70/unit - $140/occupied unit. 

If that is the case, you may want to increase rents (heat included) or consider your options of separate gas meters, furnaces, etc. Good luck.

Jad