All Forum Posts by: Mike Nicholson

@John Underwood Hey John, can you provide me the HVAC company name and number.  I did not even realize there were gas systems that would heat and cool. 

Thanks,

Mike

@Troy Gandee  Thanks Troy,  that portable unit you are referring to, is that a window type unit?  This house is about 1000 sq feet, 2 bed, 1 bath.  Not sure it would be an option but just curious.

Thanks for your input.

Mike

Thanks everyone for the feedback!  I have been researching more today and have found a few options.  I did install CO 2 detectors when I first rehabbed the place a few years back.  I am leaning towards a wall mounted gas unit, vented, with a blower.  There is an old vent currently in the house which once vented an old wood burning furnace I am going to have a contractor look at and may be able to use.  If not I would just vent out of the top of the house.  Other options I have been looking at is baseboard heaters.   Thanks again for the feedback.  Nice to know there is a support group like this I can go to.

A bit of a novice here so please be gentle. I own a 1100 sq ft house in SC that currently has a Natural Gas wall mounted unvented heater for its primary heat source (1 unit). I have used this for 4 + years with no faults / failures and heats the house nicely. I am recently between renters and had the gas man in the house to turn the Natural Gas back on since the previous renter had turned off and out of their name. Gas man tells me that this is not supposed to be used as a primary heat source and he really is not supposed to turn the gas on unless there is another heat source in the house. Is this some sort of SC code issue?   He does turn the gas back on however this has my interest and I have been researching. Do I need another heat source? If so, I am so confused to the mass amounts of options that I am seeing. Most homes in this area (South Carolina) have central heat & air HVAC with duct work. This house does not currently have any duct work. From what I researched to put in HVAC system with ducts and all would cost me in the range of $6,000 to $9,000! Yikes. Since there is already gas in the house should I buy some sort of gas furnace? If so what kind? Is this vented? Not vented? I am just thoroughly confused at this point what to do, if anything?? Any help or recommendation would be greatly appreciated. As I stated I am a bit novice, only have 2 rental properties in my empire. Thanks so much.

Mike

A bit of a novice here so please be gentle.  I own a 1100 sq ft house in SC that currently has a Natural Gas wall mounted unvented heater for its primary heat source (1 unit).  I have used this for 4 + years with no faults / failures and heats the house nicely.   I am recently between renters and had the gas man in the house to turn the Natural Gas back on since the previous renter had turned off and out of their name.  Gas man tells me that this is not supposed to be used as a primary heat source and he really is not supposed to turn the gas on unless there is another heat source in the house.  He does turn the gas back on however this has my interest and I have been researching.  Do I need another heat source? If so, I am so confused to the mass amounts of options that I am seeing.  Most homes in this area (South Carolina) have central heat & air HVAC with duct work.  This house does not currently have any duct work.  From what I researched to put in HVAC system with ducts and all would cost me in the range of $6,000 to $9,000! Yikes.  Since there is already gas in the house should I buy some sort of gas furnace?  If so what kind? Is this vented? Not vented?  I am just thoroughly confused at this point what to do, if anything??  Any help or recommendation would be greatly appreciated.  As I stated I am a bit novice, only have 2 rental properties in my empire.  Thanks so much.

Mike  

Thanks everyone for the info. I am learning a ton and eager to learn more.  @Jo Amick let me know the details on the Woodruff SC property you have and I would be glad to take a look at it.  Thanks!

Hello! Newbie here so take it easy on me.  I currently own 3 rental property's in South Carolina that I paid cash for that are doing well.  I am looking at purchasing another home however I am interested in getting a loan for this property so I can utilize / leverage more of my cash for more properties.  I don't have any experience with loans other than my primary residence and not sure how to go about financing a rental property.  Should I just go with the normal 30 year fixed?  Or is there other loans than investors utilize for rental property?  I plan on buying this property and holding / renting for cash flow.   I have very good credit and can put down whatever is needed.  Current property I am looking at is $40K.  I will be using my own cash to make any needed repairs.  Thanks for any advice.  I have learned so much by following and reading post from you all.  Thanks!!

Long time lurker, first time post.  I have question for landlords about knob & tube wiring.  I am a somewhat new landlord, just 2 properties, and in the process of purchasing one now.  The one I am in the process of purchasing is an older house (1920's) and does have the knob & tube wiring, no insulation.  My question is, how many properties do you own that have this type of wiring.  I know this type of wiring is not preferred and can be dangerous however I also hear that there are numerous homes that still have this type of wiring with no issues.  I have gathered a ton of info from past post however I am curious how many you own.  Can I get some insight?

Thanks,

Michael