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Updated over 8 years ago on . Most recent reply
Oil to Gas Conversion in 4-plex - Best Way to Recoup Oil Expense?
Contemplating oil to gas conversion of four ancient oil boilers in a 4-plex where leases stipulate that new tenants receive their tanks 'full' must have auto-delivery contract and leave tank full upon lease expiration. So tanks are presumably full now. 275 gallons each. Technically, Landlord owns the oil and prefers to not write off this asset.
Presumably, tenants will be thrilled with this conversion. What is the best way to recoup the 'investment' of that oil which must be removed?
Most Popular Reply
After posting this, I posted an ad on CL to sell to the highest professional bidder. Also to solicit quote for complete tank removal. Let's see what happens.
Matt Clark - I lived in the 'Noke for 10 years (Hollins area and SML). Great spot you're in!