Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago,

User Stats

6
Posts
4
Votes
Mona Arthur
  • Wappingers Falls, NY
4
Votes |
6
Posts

Electric Heat - Should I upgrade

Mona Arthur
  • Wappingers Falls, NY
Posted

Hi Bigger Pockets Family,

I am new to bigger pockets and about to make an offer on my first deal. It is a 4 bedroom colonial with an asking price of 199,000, based on the comps in the area, I can potentially sell it for 310 t0 320. Renovation cost will be around 60,000. I live in the northeast and with the cold winters heating can be expensive, unfortunately, the house that I plan to flip has electric heating, I am wondering if it's worth the investment to change the heating system from electric to oil or gas. Will electric heating system drastically effect offers, my realtor says potential not, but I what do you think?

Loading replies...