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Updated over 2 years ago on . Most recent reply

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Orion Vogeler
3
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4
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Need advice for Home heating oil properties

Orion Vogeler
Posted

For investors that have rentals with home heating oil, how do you structure that with billing your tenants for heat?

Most Popular Reply

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375
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Tim Miller
  • Rental Property Investor
  • Laurel, MD
379
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375
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Tim Miller
  • Rental Property Investor
  • Laurel, MD
Replied

If it's a single family home, the tenant takes care of ordering and paying. Duplex (over/under) you can either include it in the rent or split it 50/50. We took out an oil boiler and installed a new gas boiler. Good thing we did! We don't have any single family homes and we use to split the heating bill but it's a pain to maintain ever month. We just raised the rent and include it now.

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