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Real Estate Investing with Coach Carson

#347: I spent $12,650 on an HVAC For My Rental (8 Lessons Learned)

Real Estate Investing with Coach Carson

Chad Carson

Business, Investing

4.9613 Ratings

🗓️ 10 June 2024

⏱️ 41 minutes

🧾️ Download transcript

Summary

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom:

https://www.coachcarson.com/rpm

🎙️ Episode #347 – From selecting the right equipment to prioritizing preventive care, Matt offers 8 lessons to ensure optimal efficiency and longevity for your property investments. Plus, learn the best practices for system maintenance to help any landlord build bulletproof rental properties in 2024.

▶️ Next Episode:

This is my Ideal Rental Property (size, materials used, buy box)

📄 Show Notes:

https://www.coachcarson.com/lowmaintenancehvac/

🎬 Timestamps:

0:00 - 1. Choosing wisely on HVACs

1:48 - 2. Understand HVAC Pricing

6:33 - 3. Choose the right brand for your system

17:40 - 4. Prepare for big repairs

20:11 - 5. Split system vs Forced Air system

30:35 - 6. The maintenance of your system

35:09 - 7. Best practices for maintenance

36:50 - 8. Matt's advice for heating/air units

39:16 - Connect with Matt

40:26 - Ideal criteria for rental properties

🔗 Connect with Matt:

• Matt's Instagram: https://www.instagram.com/lumberjack_landlord/

• Matt's YouTube: https://www.youtube.com/@LumberjackLandlord

• Matt's Course: https://www.lumberjacklandlord.com

--------------------------
⚒️ Get my FREE Real Estate Investor Toolkit:

https://www.coachcarson.com/toolkit-pod 

🖥️ Learn with Coach (Courses, Books & more):

https://www.CoachCarson.com

👋 Connect with Me:

📸 https://www.instagram.com/coachchadcarson

👍 https://www.facebook.com/coachchadcarson

🐦 https://twitter.com/CoachChadCarson

💰 DealMachine – Software to help you buy more real estate deals:  https://www.coachcarson.com/dealmachine 

Transcript

Click on a timestamp to play from that location

0:00.0

I recently spent $12,650 replacing a heating and air unit at one of my rental properties.

0:05.7

Now, I know there's been inflation, but this was still a shock to my system.

0:09.3

I could almost buy a car for what I spent on a heating and air unit.

0:12.8

And so this motivated me to learn more so that I can make better decisions with my heating

0:17.2

and air units on my rental properties.

0:19.1

So I called up someone who's become my go-to expert

0:21.4

when it comes to maintenance and repairs on rental properties,

0:24.3

Matt, the lumberjack landlord,

0:25.9

and we talk about at least eight improvements or lessons

0:28.9

that I can take away and you can take away.

0:31.1

Become a better rental owner when it comes to heating and air units,

0:34.0

and we're getting started right now.

0:43.9

Thank you. in air units, and we're getting started right now. Welcome to the podcast, Real Estate Investing with Coach Carson.

0:46.8

I'm your host, Chad Carson.

0:48.2

You can also call me Coach Carson, and this is a show to help you get out of the financial

0:51.5

grind so you can spend your time doing more of what

0:54.3

matters. Now let's get to my interview with the lumberjack landlord. I recently have a rental

0:59.0

property where, and I'll tell you the backstory, my property manager, we do these quarterly

1:03.3

inspections and they noted a long time ago, probably six to nine months ago that this heating

1:08.5

and air unit was a little older that the some of

1:11.1

was rusted out and but it kind of started getting more pressing we send the heating and air

1:16.1

kind of just do an annual inspection and they're like hey this is this is okay but the the duct

...

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