Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

321
Posts
157
Votes
Isiah Ferguson
  • Investor
  • Charlotte, NC
157
Votes |
321
Posts

ENTIRE AC unit needs to be replace. Wiped out ALL cash flow ??

Isiah Ferguson
  • Investor
  • Charlotte, NC
Posted

I just found out the AC unit needs to be replaced. The unit is 30 years old prior to the tenant being evicted it seem to work good. I got a quote from the ONE HOUR ac contractor and he said it'll cost 6k-8k to replace the Air handler, heat pump and entire wiring. This Cap EX is completely wiping out 1 yr of CF. What can I do ? Any suggestions \.

Most Popular Reply

User Stats

329
Posts
237
Votes
Bob Razler
  • Rental Property Investor
  • Boca Raton, FL
237
Votes |
329
Posts
Bob Razler
  • Rental Property Investor
  • Boca Raton, FL
Replied

Hello @Isiah Ferguson .  That is a big hit.

An AC system is made up of parts - outside compressor, interior air handler/blower, etc.  I would find out what "part" broke and see if you can't limit the replacement to that part of the system (for now).

Bob

Loading replies...

1 2 3 4