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Updated over 6 years ago on . Most recent reply

User Stats

161
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104
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Bryan Clement
  • Rental Property Investor
  • Union, ME
104
Votes |
161
Posts

New Tennant Utility Issues

Bryan Clement
  • Rental Property Investor
  • Union, ME
Posted

Hi BP!

So my wife and I decided to rent out our house. One of my concerns was the heating oil currently in the tank. I am on automatic delivery so at the end of the year the oil company filled it up. When you rent a house out, do you pass this cost onto the tenant somehow? Or do you just eat $1,000 in oil? Thanks! 

Most Popular Reply

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8,372
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4,375
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Colleen F.
  • Investor
  • Narragansett, RI
4,375
Votes |
8,372
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Colleen F.
  • Investor
  • Narragansett, RI
Replied

You sign an agreement at the start and have them put oil delivery in thier name. I write the lease that it must be delivered back at the same level as they received it and you take a picture of the gauge on occupancy (or differenced is reimbursed at the current rate). You can ask for a deposit upfront too but I usually deliver the house with 1/2 tank and have it returned with 1/2 tank.

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