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Updated over 7 years ago on . Most recent reply
Have you considered LED lighting in your rentals?
I'm very interested in LED lighting, and we're starting to try it in our home. These lightbulbs are (in theory) meant to last 20+ years (ask me when I'm 65 how that's working out.) And they are very cheap to run per year. I'm just wondering if it's a little competitive advantage.
P.S. I saw LED bulbs at ALDI for $6.XX each -- sounds like a good price!
Most Popular Reply
The LED bulbs are a good idea for common area lighting in multi-family housing, where the landlord pays the utility bill and has to do fewer replacements (hopefully) with LEDs. I don't think you'll get more rent because the units inside have them, so the added cost does not yield a monetary return to you. And as @Joel Owens stated, tenants do occasionally remove light bulbs.