Rehabbing & House Flipping
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
Fix or Replace AC and Furnace for flip
I am currently in the middle of my first flip and I am trying to decide whether or not I will get my money back on replacing the ac and furnace. I replaced the coil and freon but my real estate agent is telling me I should just replace the whole system. I asked my contractor who lives in the neighborhood the house is in if he though I should, and he advised against it because they are both in good working order, just old. Replacing it would put us over budget by a couple thousand, so I'm wondering whether or not I will get my money back on the sell price. Any thoughts?