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Updated about 5 years ago, 11/20/2019

User Stats

25
Posts
1
Votes
Brendan Reilly
  • Rental Property Investor
  • Lincoln university, PA
1
Votes |
25
Posts

Forced appreciation assistance

Brendan Reilly
  • Rental Property Investor
  • Lincoln university, PA
Posted

I have a utility room that mirrors another unit in size, but it has heating oil, boiler and circuit breakers in it currently(all old, barrel plug circuit breakers and nearly 50 year old radiant boiler heat system for other 5 units)

I was thinking of switching to mini splits for the units and moving the meters/boxes to update the failing/antique stuff and add another monthly rent check. Am I crazy or does that make sense for a commercial property? Haven’t gotten any responses on my mini split questions so I might be dreaming, please help.

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