Hey all -
Had a quick question on a rental property that I am considering buying...
The current owner pays the gas bill; tenants pay the rest. My question is: how does a budget plan work? Seller states that on a budget plan her bill is $250/month. With it being cold in the NE, this is about right for the winter. Do I pay $250/month for the entire year? Or is it just during the cold months when the heat is actually being used?
Thanks in advance!
You need to ask her what she means, or the power company. It probably means year-round.