Moving, take stove?

[yrock87]

So, a year after buying my P43 I am moving. Heading to the Pacific Northwest with cheap pellets, cheap electricity, and cheaper NG. don't have a new place yet so can't count on NG. Work is paying for the move so weight and space isn't an issue.

I am keeping the old house and renting it out. The pellet stove is a significant selling feature in this area.

Should I leave my 1 year old stove in the rental, or bring it with me on my move without knowing if I will truly need pellets?

 

[heat seeker]

IMO, leaving a pellet stove in the hands of someone who may well not maintain it properly is asking for trouble.

And especially if the company is paying the freight, I'd take the stove. If you don't want it, you can always sell it later.

 

[jdogg]

Best to leave renters with conventional heat for safety and insurance reasons.

 

[Old Spartan]

I would junk the stove before leaving it in a rental property. In fact I think my insurance agent would pay me to junk the stove in such an instance.

 

[rich2500]

since your renting the home out I would either take it along or sell it, If you were selling the home then I wouldn't see a problem with leaving it.

 

[bogieb]

Check with your insurance agent before leaving a pellet stove for renters. I got my St. Croix from someone who was moving and renting their current house - their insurance had no problem with the stove for the owner - but wouldn't cover the house if the stove was there for the renter.

I would probably either sell the stove, or take it with you even if your insurance would allow it in a rental. As some have said, you don't know if the renters can properly take care of cleaning the stove and exhaust. How would you feel if there was a fire because of bad (or non-existent) maintenance, especially if someone got hurt?

 

[Luv2burnPellets]

You should know if you would want it in your new home before moving. So either sell it or move it, but don't leave it.

 

[Bioburner]

I wouldn't leave the stove. Renters are usually barely able to turn up the thermostat, let alone the needs of a pellet stove with you be a long distance landlord. With the ease of installing a vent system can always make a man cave of the garage of new residence with minimal time and cost. The 43 is what , less than 250 lbs. anyway. I don't know what the local value of the stove is but would think its pretty high in Fairbanks.

 

[Snowy Rivers]

Take it.

Too many renters have zero idea about anything and many could give rip either.

Unless you are lucky and get real good tenants there is every reason to believe there will be issues

 

[Luv2burnPellets]

You don't need a call that your tenant is cold and could you please fix the damn pellet stove.

 

[Babaganoosh]

Back when I rented I would have loved and appreciated it. I would have kept it clean and maintained. When I was a tenant I always fixed things and made the place better than when I moved in.

However ever landlord I had always said I was one in a million and they usually tried to keep me around by not raising the rent.

Chances are leaving it would be more problems than it was worth unfortunately. So take it or sell it.

 

[Lake Girl]

Either sell it before you leave or take it with you ... no way would I leave it in a rental as a potential source of trouble calls or the reason for a catastrophic loss because renters don't know how to use and maintain.

Good luck on the new job & location...

 

[boo boo]

Take it and bring a ton of pellets with you if weight and space is no issue

 

[devilsbullet]

Take it and bring a ton of pellets with you if weight and space is no issue

Bad idea, pellets are cheap out here

 

[SidecarFlip]

Put it on CL and off it. I own rentals and I'd never have a solid fuel appiance in any of my rentals. Renters are just that and mostly not very responsible. In fact, I'd either sell the house or turn it over to a rental agency because absentee ownership will be a royal PITA. I know, been there, done that.

 

[boo boo]

Bad idea, pellets are cheap out here

What are pellets going for out there?

 

[yrock87]

I'm definitely going with a rental management agency.

I see exactly were you all are coming from as far as liability and maintenance. Anywhere else and I would not even ask the question. Just separate the house from the stove.

But with the crazy cost of heat up here there are a fair number of rental properties with pellet stoves. I work with three people who are all renting places with stoves. Many places up here rent out with woodstoves even! The stove let's me up the rent 100-150 a month more than a similar house here in Fairbanks and still be very competitive.

Also, tHe house has an oil burner still and i have set it on 60 all winter. I have gone through 300 Gallons of oil and 5 tons of pellets, but my neighbor has gone through 300 Gallons of oil EVERY month! Since November.

 

[GT_Sharp]

What are pellets going for out there?

Lignetics is all I ever use and they are $179 a ton here in Spokane, (eastern) WA.

 

[boo boo]

Lignetics is all I ever use and they are $179 a ton here in Spokane, (eastern) WA.

Wow that's like 70 bucks a ton cheaper than here I can see the point

 

[MuchoBueno]

Do you want to sell that stove?

 

[Pellet-King]

Sell the home, you can always come back someday and buy another, renting landlord aint what it used to be

 

[Babaganoosh]

Sell the home, you can always come back someday and buy another, renting landlord aint what it used to be

Sell the home, you can always come back someday and buy another, renting landlord aint what it used to be

I disagree. selling the house pays once. Renting it can pay forever. Yes its a bigger possible headache but worth it in my opinion

 

[Old Spartan]

I disagree. selling the house pays once. Renting it can pay forever. Yes its a bigger possible headache but worth it in my opinion

Hooo, not so fast.

Had 26 income properties. Started buying them when I was young. Planned on making them my retirement income. Did not take long to learn that if that was my route to retirement I would never get to retire.

 

[daffonce]

Whats oil go for in fairbanks ak? I agree rental properties suck, things can go from good to needing to do 10g in repairs in a blink of the eye. Id sell it and invest the revenue probably better off, less headaches at least.

 

[Babaganoosh]

Hooo, not so fast.

Had 26 income properties. Started buying them when I was young. Planned on making them my retirement income. Did not take long to learn that if that was my route to retirement I would never get to retire.

Sounds like you bit off more than you could chew. Sometimes expanding doesn't make things more profitable. Especially if mismanaged. Not saying you mismanaged mind you. There's a difference between being able to buy and manage a few properties and managing 26.

Shouldn't the income from 26 paid off rental properties pretty much fund retirement? If that won't than how do people with zero properties have the money to retire? Publicly funded pensioners not applicable.