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Refrigerator, washers, and dryers...include them or not?
I am about to rehab my first property as a buy and hold rental. It is a 3 bed 3 bath SF home. Part of my rehab will be a new kitchen including new cabinets, range, dishwasher and counter tops, etc. My question is, should I supply a new refrigerator for the kitchen? Also, should I also supply a washer and dryer?
I have a friend who has several SFR's in my market, who told me they never supply these in their properties, and that it's not a problem for their tenants to supply their own.
Most Popular Reply
Agreed on depends on the market and clientele you are serving.
I serve middle, low income families so I supply Refrigerator, Dishwasher and a Stove / Oven (not a microwave) Quarterly Pest Control and Garbage Collection.
I offer as an add on of a washer and dryer for X$per month. - Maybe I add to the lease, "Complete 12 months with no late payments and the washer dryer become yours at lease renewal." Thus rental price goes down in year two but so does the responsibility on my end. I purchase the units used from a local used appliance dealer. I think this is a win win scenario and keeps a good client (no late payments) in my property for the second year since their rent just got a tad cheaper.