General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago, 08/14/2015
Hit With CAPEX 1st Week As Landlord On New Construction:
I just closed on a 2050SF brand new construction home . It is a pretty nice home. It didn't come with AC but was pre plumbed for it. I have connections with HVAC guy and I had him install a 2.5 TON unit. He said he couldn't go any higher, as the coil was limiting him.
Well, previous to installing the AC unit the temperature in the home was 78 degrees when it was 95 degrees outside. It has been extremely hot for the past 2 months in Portland area.
The HVAC guy who I trust said the HVAC portion was working ok and ducting work appeared ok too.
After install, renter says the house has been 74-78 degrees with AC going most of the day.
Would you junk the brand new unit you paid thousands for and upgrade to a 3 TON unit???
Personally, I wouldn't be happy if I was the renter and I was promised AC but it only got down to 75-76 during really warm days. Granted, Portland will be cold and wet for 80% of the year and this has a really odd record breaking summer.
Well, I must be a softy cause I am ordering a new unit(new coils and 3 TON AC unit) and will try to sell the 1 week old unit for prob 35 cents on the dollar on CL. The AC guy and the tenant feel bad about this situation but I always try to put myself in their shoes and I wouldn't be happy with AC that doesn't work properly. The AC guy is willing to install new unit for free.
I am praying the 3TON unit does the job but if doesn't, that means the HVAC or ducting system has inherent issues and I am done spending money trying to fix something that prob cannot be fixed.
Am I missing something? Anything else you would do????