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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 4 years ago on . Most recent reply

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96
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37
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Jen Hoang
  • Investor
  • San Diego, CA
37
Votes |
96
Posts

Should I replace the furnace and water heater?

Jen Hoang
  • Investor
  • San Diego, CA
Posted

I have my first property BRRRR deal, the furnace is old but in working condition and so is the water heater. The house also doesn't have AC. Would it affect the ARV greatly if I don't change these items?

Most Popular Reply

User Stats

111
Posts
37
Votes
Dustin Morris
  • Rental Property Investor
  • Salem, VA
37
Votes |
111
Posts
Dustin Morris
  • Rental Property Investor
  • Salem, VA
Replied

@Jen Hoang definitely for a BRRRR I would keep them as long as they work. If you were doing like a new roof, windows, or AC that might increase the appraised value but I don't think water heater or furnace age would impact it much

  • Dustin Morris
  • Loading replies...