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Buying & Selling Real Estate

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316
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153
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Isiah Ferguson
  • Investor
  • Charlotte, NC
153
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316
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ENTIRE AC unit needs to be replace. Wiped out ALL cash flow ??

Isiah Ferguson
  • Investor
  • Charlotte, NC
Posted Aug 14 2017, 09:35

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 \.

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180
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Aaron Linden
  • South Bend, IN
93
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180
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Aaron Linden
  • South Bend, IN
Replied Aug 21 2017, 07:06

Isiah Ferguson Whoa man! Unless he is redoing your duct that is insane. I realize I'm from South Bend but my guy is usually in the $3k range for line set, 2.5 ton condenser, and a new evap if everything is easy to get at. Please get some more quotes.