Michael Rossi's Blog

The purpose of this blog is to give you a look at the daily life of a rental property owner. It's not all sitting on a yacht like you see on the TV Infomercials! Visit our Website at: www.1MinuteToRentalPropertyRiches.com

Thursday, October 23, 2008

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.

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