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Updated over 2 years ago on . Most recent reply
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Need advice for Home heating oil properties
For investors that have rentals with home heating oil, how do you structure that with billing your tenants for heat?
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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.