All Forum Posts by: Michael Burke

Hi all,

Thanks for the replies and advise, it is much appreciated.

In the meantime I have reduced the rent for the lower unit to account for the average cost she incurs for the laundry. I do feel the best way to handle this going forward is to either add the landlord utilities box, or to add laundry units to the upstairs unit. Although this will have to be in the future.

Hello BP,

I recently closed on my first buy and hold rental! It's an over/under duplex with a shared basement and is fully occupied.

I have very quickly come across my first "issue" with the property. The shared basement has a coin op washer/dryer, however they are tied to the lower units electric bill.

Water is paid by landlord in the lease, thus I'd like to keep the coin op to cover the water cost

What makes the most sense to handl e the electric cost? The tenant has expressed that she's not too thrilled with the laundry setup, and I can't say I blame her.

Thanks in advance!