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Updated over 8 years ago on .

User Stats

23
Posts
7
Votes
Arthur Kraamwinkel
  • Investor
  • Chatham, NY
7
Votes |
23
Posts

Heating costs

Arthur Kraamwinkel
  • Investor
  • Chatham, NY
Posted

I am considering buying my second triplex. It currently has one old propane furnace for all three units. I am concerned that if I don't split the heat up by installing three smaller furnaces and let the tenants pay their own heat, I could run into high fuel expenses. I understand I can raise the rent to cover the fuel costs, but am worried I could somehow get stuck paying for them myself. I have no experience with this. Anyone willing to give me some advice?