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Updated over 10 years ago on . Most recent reply

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Weis Sherdel
  • Investor
  • Washington, DC
13
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Basic Appliances with Turnkey Properties

Weis Sherdel
  • Investor
  • Washington, DC
Posted

Dear BP Community - Do you know if it is standard for a turnkey property to come with a refrigerator, garbage disposal, washer, and dryer by the seller? If not, are these typically bought by the Buyer (me) or the tenant?

The turnkey property that I am in the process of buying in Indianapolis doesn't come with any of these appliances, and just wondering whether these are negotiable items.

Most Popular Reply

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Chad U.
  • Investor
  • Boca Raton, FL
1,123
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Chad U.
  • Investor
  • Boca Raton, FL
Replied

@Chris Clothier 

I stand corrected, I was not aware that appliances are provided by the tenant in some areas, and not by the seller.  This is news to me, I've never seen a property sold without at least a fridge and stove included, except for new builds.   

To circumvent the issue of maintenance on appliances, a clause I use states that: although there are appliances in the unit, they are not included in the rent but if the tenant wishes to use the appliances then all maintenance and repairs are their responsibilities and they will return them in the same condition as received, reasonable wear/tear accepted.  

Back when I managed my own rentals, whenever I got a call about an appliance I always referred them to this clause in the lease.  The tenant wouldn't be happy about it, but they couldn't argue, and took care of it themselves.  Funny thing though, no one ever seems to fix the dishwasher if there is one and you usually don't find out until after they move out. 

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