General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago on . Most recent reply
Electricity cost on a 4" well
I just closed on a duplex with separate meters, the 4" well is wired to the one tenant. The house has 6 adults and one 2 year old. Each unit has a dishwasher and washer/dryer. I reduced his monthly rent by $10 to compensate for the electricity he pays for the well. Is this even close? Under these circumstances would you expect the electricity usage for the well to be around $10 or $100. I know it's hard to say for sure but just trying to get any ideas from experienced people.