Rent and Utilities question

[Brian Wolf]

Hey guys,

Question for you, I have a duplex In NJ that had 1 oil heating unit for both units so I payed for heat. I’m currently getting 2 units so that cost won’t fall to me anymore. I’m curious what kind of rent adjustment this calls for? Unfortunately Comps are few and far between so it’s more difficult. Ultimately I’ll be raising rent come new lease time to account for other improvements and such but curious how I should calculate this in. Thanks!