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Updated about 10 years ago on . Most recent reply

Dave Smart's profile image
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Dave Smart
  • Flipper/Rehabber
  • from Litchfield, CT
  • Member since Feb 10, 2015
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Dave Smart's profile image
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Dave Smart
  • Flipper/Rehabber
  • from Litchfield, CT
  • Member since Feb 10, 2015
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Dave Smart
  • Flipper/Rehabber
  • Litchfield, CT
1
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21
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Rehabbing & House Flipping

Replacing electric baseboard in flip house

Dave Smart
  • Flipper/Rehabber
  • Litchfield, CT
Posted

Hi everybody, I recently purchased a home with electric hot water baseboard heat with an arv of $140,000 and was wondering if I should replace it with a natural gas or oil furnace? 

What have been your experiences with selling flip homes with electric heat? Will converting it actually add value or help my home sell faster?

Many of the homes I looked at had electric heat that were reo's as well.

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Mark Redmann's profile image
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Mark Redmann
  • Investor
  • from Philadelphia, Pennsylvania
  • Member since Sep 30, 2013
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Mark Redmann
  • Investor
  • from Philadelphia, Pennsylvania
  • Member since Sep 30, 2013
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Mark Redmann
  • Investor
  • Philadelphia, PA
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Mark Redmann
  • Investor
  • Philadelphia, PA
Replied

@Dave Smart 

 Please clarify.  Do you have electric heat?  or hot water baseboard?  

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