Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago on . Most recent reply

duplex with single water heater, shared water & gas
I'm looking at a duplex with a single water heater providing hot water to both units. They also share water and gas meters. Electricity is split. I'd like to understand the difficulty and cost of adding a 2nd water heater so that each unit has it's own and if possible splitting the gas. Short of getting a contractor involved, are there questions I can ask the owner or things to look for on the property that will help me to get a rough idea of what would be involved? Or is there a general rule of thumb for this?
thanks
Most Popular Reply

It is simply easier and more cost effective to not buy properties that share utilities. Pass on the property.