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Updated over 11 years ago,

User Stats

113
Posts
10
Votes
Peter Fokas
  • Investor
  • Ridgewood, NJ
10
Votes |
113
Posts

4plex owner pays heat - how to factor in pricing

Peter Fokas
  • Investor
  • Ridgewood, NJ
Posted

Found 4plex that owner pays heat. Heat is two units using oil. So if using 50% rule how much more should you factor in the expenses to cover this additional cost? 60% Also if you want to convert this heating system to use nat gas and be four separate systems so tenants would pay this. What sort of guesstimate in cost? I am figuring probably aroudn 15k as a rough rough guesstimate? Would it make sense to get a contractor quote prior to making an offer and factoring that in the offer?

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