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Updated about 6 years ago on . Most recent reply
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Electric Base Boards
I'm looking at properties in my area (Lancaster, PA aka Amish Country!) and found a neighborhood that I like. Someone said to me the other day that their ideal rental would NOT have central air and would be electric baseboard for heat (because then there's less of a chance for a maintenance issue). We'd be passing through all utility costs to our tenants, so heating/cooling efficiency in that standpoint isn't a concern. My thought would be it drives the value of the house down though, and probably slows down appreciation. I should share that my strategy is all long term holds. What are people's thoughts, is my friends suggestion a good one?
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Electric heat lots of people don’t care for. They associate it with easily catching fire and it is generally a little more expensive a method of heating. If you can throw in a gas, high efficiency combo unit, it is the way to go. You will appeal to more people.