Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

240
Posts
22
Votes
Jimmy S.
  • Investor
  • lehigh valley, PA
22
Votes |
240
Posts

Letting oil tank on empty when they move in?

Jimmy S.
  • Investor
  • lehigh valley, PA
Posted

In the past I have always made sure its about 1/4 full or more when they moved in and needed to be left at that level when moving out. Well 9 out of 10 times they use every drop left and its empty when they move out and I always seem to get burned.

How does everyone else do it?

Is it a bad way to start with a new tenant leaving the tank on almost empty and them having to get oil right away when they move in, that way it is theirs. 

thanks

Most Popular Reply

User Stats

476
Posts
197
Votes
Kevin Harrison
  • Investor
  • Woodbridge, VA
197
Votes |
476
Posts
Kevin Harrison
  • Investor
  • Woodbridge, VA
Replied

Maybe you should start with the tank full and take a separate "OIL" deposit at move in to cover the cost of the oil if they don't refill it. As always, check with you state laws to makes sure this is legal in your state.

Starting with it full is an easy way to ensure that they know how much to fill it back up. Starting off with it empty is a PITA for them especially when they are in the middle of moving in.

Loading replies...