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Updated over 9 years ago on . Most recent reply

User Stats

264
Posts
104
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Jim Sestito
  • Investor
  • Cambridge, MA
104
Votes |
264
Posts

Getting Cold INSULATION

Jim Sestito
  • Investor
  • Cambridge, MA
Posted

Hey BP,

As all of us in New England, Boston, Massuchusetts last winter was really cold and snowy.

My tenants in my;

-NON insulated

- built in 1912 -

-1300sqft per unit w high ceilings -2 family

were very cold and burned thru some serious OIL.

I worked with mass save this fall and have a quote for about $9500 to do the entire house. Ouch.

I know I can finance this but it is still a large sum of money. Can I justify this with some sort of ROI? I assume this will keep my tenants warmer and not poor thus decreasing turn over.

Anyone else run into this? Stories, tips, conversation of all kind welcome.

Thanks,

Jim

Most Popular Reply

User Stats

31
Posts
7
Votes
Collin Fishman
  • Real Estate Agent
  • Boston, MA
7
Votes |
31
Posts
Collin Fishman
  • Real Estate Agent
  • Boston, MA
Replied

Hi James,

You should look into splitting the work up over two years. You can then receive the Mass Save $2000 rebate both years and get the most out of your investment.  You could do the attic work one year and the walls the next.

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