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Updated almost 5 years ago on . Most recent reply

Charles Stein's profile image
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Charles Stein
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Charles Stein's profile image
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Charles Stein
  • Member since Nov 8, 2019
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Charles Stein
1
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24
Posts
General Landlording & Rental Properties

Water heater w/ Chimney or Tankless

Charles Stein
Posted

HI BP,

I have a 1 year old water heater and have to repair my chimney costs $5,000. I have two options:

  1. 1. Repair the chimney for $5,000 and keep the existing water heater 
  2. or 
  3. 2. Replace the water heater with a tankless for $3,200 and then pay to have a roofing company remove the chimney neck and roof over the chimney (waiting on quote)

What's everyone's thoughts?

Thanks!

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Nathaniel Walker's profile image
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Nathaniel Walker
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  • from USA
  • Member since Jun 20, 2017
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Nathaniel Walker's profile image
Nathaniel Walker's profile image
Nathaniel Walker
  • Investor
  • from USA
  • Member since Jun 20, 2017
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Nathaniel Walker
  • Investor
  • USA
70
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89
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Nathaniel Walker
  • Investor
  • USA
Replied

What about direct vent to outside or cheaper electric water heater?

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