Hi just bought house 1 and it does have some active knob and tube wiring, Was going to re-finish the house with new drywall, fresh paint, and floors before renting. My question then stands is it wrong to leave the electrical? Or is that a must do before putting up new drywall? Just wanted to reach out and hear everyone’s thoughts and/or experiences. Thanks.

@Ben Waslaski You'll want to check the local code. I replaced knob and tube in my rental. It costed us about $5k.

@Ben Waslaski If you’re doing new drywall that’s the best time to change the electrical. Personally, I would upgrade.

@Ben Waslaski

Sounds like this may be an older property on the east coast.

It is probably the right thing to do to upgrade the electrical, but it also depends on your length of hold period and goals with this property.

I would think you would want to replace it, especially if you are doing the expensive part (replacing drywall) already.

On top of the safety concerns, insurance should be way cheaper and easier to shop around with updated electric.

@AJ H. Thank you all for the advice. I have decided to go ahead and replace the electrical in the house. I appreciate all of the incite you brought!

@Corey Hawkinson

Thank you all for the advice. I have decided to go ahead and replace the electrical in the house. I appreciate all of the incite you brought!

@Eric Schultz

Thank you all for the advice. I have decided to go ahead and replace the electrical in the house. I appreciate all of the incite you brought!

@Dan Maciejewski

Thank you all for the advice. I have decided to go ahead and replace the electrical in the house. I appreciate all of the incite you brought!