At Shield Property Management, we want to help make your investing experience as easy as possible. When it comes to rental properties, appliances can be a costly and annoying part of the business. This is especially true if you have a high volume of rentals. In some areas, you can get away with not providing appliances in your rentals but if the norm is supplying appliances, we want to make sure that you choose the right ones that will cause you the least amount of headache.
The truth is that appliances will break. When this happens, you need to replace them, especially if they are part of the leasing agreement. If you are adding appliances in for the first time you may be inclined to buy new appliances. While there may be appliances that are better to buy new for rentals, there are many that you can buy used. If you find the right used appliance, however, you can get almost any appliance you need. Even though you buy used, you still want to make sure you get appliances that are in good condition.
The last thing you want to do, however, is add the latest and greatest appliances to the rental home. They may be nice but you can almost guarantee that your tenants will not treat it the way you would in most cases. This results in a lot more wear and tear. Instead, you want to look for appliances that will get the job done and will last for a few years. This does not have to be the latest model, but it does need to be in good condition when you buy it.
If you know that you will be needing appliances often, it may be easiest to use a reliable company, like a local used appliance retailer recommended by Shield Property Management. You also want to find a place that will offer repairs or warranties for these appliances, if possible. This is not necessarily a requirement, but it will make your life a lot easier when an appliance breaks down.
If you are interested in learning more about your options or what you should do with your specific rental property, our qualified staff at Shield Property Management can help you navigate the process and save you time and money in the process.Contact us