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.
Managing Your Property
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 over 2 years ago,

User Stats

10
Posts
6
Votes
Matt Nervegna
  • Rental Property Investor
  • Queens, NY
6
Votes |
10
Posts

Electric vs oil vs gas conversion

Matt Nervegna
  • Rental Property Investor
  • Queens, NY
Posted

Hey I purchased my home back in September , I have a two bedroom apartment on the first floor that me and my family occupy and I have a 1 bedroom apartment upstairs and 1 bedroom in the basement that are both rented. Last winter I locked in at 3.10 $ a gallon for oil for heat my question is since my house runs on oil and I supply heat for the whole house would it be beneficial to do total electric or a gas conversion ? There is gas on my block I’m thinking how to save the most money where I won’t get hit too bad in the winters , last winter I paid approximately 400 a month for oil and I can’t really charge the tenants for the oil because it’s supplied to the entire house so I feel like I have to eat that charge . Thanks for your advice in advanced !