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Updated over 7 years ago on . Most recent reply

User Stats

22
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14
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Brent Smith
  • Real Estate Professional
  • Dothan, AL
14
Votes |
22
Posts

New Lg Complex: Wall Mount TV included or dumb idea?

Brent Smith
  • Real Estate Professional
  • Dothan, AL
Posted

I am developing a new 168 unit market rate complex in south Alabama. Including a washer and dryer in each unit is becoming a no-brainer since the rent premium is a great ROI and it reduces significant damage to each unit during turnover.

This being said, I consider myself very AV savvy. Wouldn't a wall mounted TV included in each unit seem like a great marketing tool as well as potential ROI? Flat screen TV's are VERY affordable these days (less than 55 inches for only a few hundred bucks), they allow for MUCH more living space by opening up the room, and nearly everyone wants or has one. Since so many people have one (just like a washer/dryer) why wouldnt I consider saving my walls by including a wall mounted TV or at least a wall mount already installed?

Would a tenant pay $15-20 more per month for this convenience? I'm assuming a bigger deposit, too?

This is my first post... so please, don't hold back your great ideas or reasons why this is a disaster or good idea! Thanks! 

Most Popular Reply

User Stats

874
Posts
647
Votes
Dan Schwartz
  • Real Estate Investor
  • Tempe, AZ
647
Votes |
874
Posts
Dan Schwartz
  • Real Estate Investor
  • Tempe, AZ
Replied

I'd put the mount up - you can get virtually indestructible ones for a great price at Monoprice - but skip the TV. That way, the drilling into the wall is done well and all the tenant has to do is "add TV."

Too many people who value their TV time will see whatever you buy as "cheap" or "not good enough for me."

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