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
Real Estate Classifieds
Reviews & Feedback
Updated almost 5 years ago, 12/16/2019
Charging for water and heat
I just purchased a fully rented triplex. It has a shared boiler and shared water heaters. The seller added a little bit to each lease, but not nearly enough and the rent is already under market. The families in the units vary in size so some use more then others. How should I fairly split the cost. Also, how much can i raise the rent when I renu the lease. The rents are all around $300 below market (each unit)