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Updated over 5 years ago on . Most recent reply

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Michael Burke
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Shared Laundry in Duplex

Michael Burke
Posted

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!

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