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Updated almost 8 years ago on . Most recent reply

User Stats

21
Posts
4
Votes
Zeng Fan
  • Investor
  • Great Neck, NY
4
Votes |
21
Posts

All Electric Rental property in philly

Zeng Fan
  • Investor
  • Great Neck, NY
Posted

Hi biggerpockets

Recently I came across a single family deal that has electric heater and stove in Philadelphia. I am currently looking to buy a rental property in Philadelphia. I am not sure how high the monthly utility is going to be for the tenant since there are no prior payment records available. Based on my research online, it appears that the utility cost is relatively high for all electric appliances and do tenant favor this kind of rental property? I would like to get some opinions from philly local experienced investors on this issue. I sincerely appreciate it!

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