Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago,

User Stats

2,863
Posts
2,026
Votes
Alecia Loveless
Pro Member
2,026
Votes |
2,863
Posts

Does shared furnace necessitate rent discount?

Alecia Loveless
Pro Member
Posted

Hi. I recently bought a duplex and the two sides share a furnace. I live in the side without the furnace which provides both heat and hot water. The two units are separately metered for electricity.

Currently the other side is being renovated and should be rented shortly, the tenant is ready to move in at any time.

My question is this. The cost for the electricity to run the furnace, it is an oil furnace, but electricity kicks it on, and to supply the hot water to my side of the duplex is $15 a month during the winter and about $5 a month when the heat doesn’t run. Should I offer my tenant a discount on his rent to offset my costs, or even worse, pay the tenant’s electricity?

Thanks!

Alecia

  • Alecia Loveless
  • Loading replies...