Friday, March 10, 2006
What to do with all that money?
We all wish we had this problem right? Well, maybe sometimes. Steve and I are re-evaluating our plans for the 2nd floor rental unit remodel. Things kind of came to a head this week when we were talking to a heating contractor who said that a $1500 permit was required to block off the street and hoist our proposed roof-top heating and cooling unit onto the roof. Oh, and mechanical drawings are required and the city is VERY stringent about roof-top units because of some unfortunate incidents where units were installed below code and collapsed on some firefighters-very bad. This could cause delays in getting a permit.
Steve mentioned extending the tenant's lease. Yes, he actually did this. I'm sure you can imagine my reaction.
I started thinking that we should step back a bit and simplify our plans. Maybe we'll keep the Cadillac of heating for now (radiant heat) and get a portable a/c for the unit. We have so many other things that need to be done, it just seems unbalanced to put everything into a rental unit.
Cutting out the heating and cooling system will save us a bundle.
So, this weekend we are assessing our plans. We have a few quotes and some more coming so that part is coming along. We found a few guys on Angie's List that seem okay. Of course, we'll check their references etc...
This is by far the biggest project we've worked on. I find it much more manageable when we do the work because it goes slow and doesn't seem as risky as trusting contractors. Isn't that sad in a way? You hear/read so many horror stories, it's quite disconcerting.
We are planning to hang up our beautiful new framed Motawi tile so I'll be sure to post that when we do.