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Posted almost 16 years ago

Electric Heat Installed

I spent yesterday installing baseboard heat in the 2-bedroom house that I purchased a few months ago. The total cost of the project (excluding my labor) was $242 and it took about 5 hours. The CHIP program will be arriving this morning to begin insulating the house and doing other things to make the house energy efficient. On an interesting note, the contractor for the CHIP program looked at the house yesterday and then called to let me know that they weren't allowed to drill the holes in the exterior walls (to blow in the insulation) because it has asbestos siding. However, I am allowed to volunteer to drill the holes. I did volunteer and will meet them at the house later this morning. They will mark the spots where the holes need to be drilled and will even provide the drill bit/hole saw.

I feel good about getting some of my tax money back through the CHIP Program and I'm going to see if I can get my other tenants to request that their rentals be made more energy efficient. In fact, I'm planning to stop by the Chip office today and pick up some applications to give to my tenants.

 

Michael Rossi is the author of 1 Minute to Rental Property Riches, which is the only book that tells the truth, the whole truth, and nothing but the truth about the rental property business. You won't find any guru motivational nonsense; unrealistic hype; or promises of instant riches without work in this book. What you will find is the critical information that you need to start, build, and operate a successful rental property business. And if you're wondering about the title of the book, 1 Minute to Rental Property Riches, it's a sarcasm of the silly guru infomercials that promise untold riches without work - which we all know is RIDICULOUS!

If you'd like to read more about the book, check it out at www.1MinuteToRentalPropertyRiches.com. When you're ready to buy, you'll get the best price and fastest delivery from the bookstore right here on BiggerPockets!


Comments (1)

  1. Hey Mike - Maybe you could explain the CHIP program for everyone who doesn't know about it?