Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

393
Posts
116
Votes
Alain Perez-Majul
  • Investor
  • Indianapolis, IN
116
Votes |
393
Posts

Provide washer/dryer or not?? Unique situation.

Alain Perez-Majul
  • Investor
  • Indianapolis, IN
Posted

Hey guys!

Looking for some $0.02! I'm currently finishing up a rental that should be ready within a week, and I'm still undecided if I should provide a washer/dryer or not. I would normally not do so; however, the thing is that there's only a washer/dryer "closet" that will fit a stack. So, some cons that come to mind: 

1) If I don't provide it, potential tenants would be limited to bringing a front-loaded washer/dryer stack.

2) The space is pretty tight, and I'm concerned about them hooking something improperly and possibly causing damage to the home (fire, water damage, etc)

3) IF I do provide it, I see the opposite happening- alienating potential tenants that would be bringing their own (speaking from lack of experience: not sure what is commonly done or if tenants more often then not provide their own)

Am I making mountains out of mole hills and should just let tenants bring their own washer/dryer (and let them hook it up)? Are these valid concerns and justify me providing the appliances? If so, what's a reasonable rent increase for including said washer/dryer (Indianapolis/Indiana)?

Most Popular Reply

User Stats

1,109
Posts
898
Votes
Mike Wood
  • Developer
  • New Orleans, LA
898
Votes |
1,109
Posts
Mike Wood
  • Developer
  • New Orleans, LA
Replied

All of my units come with washer/dryer.  Given that your unit requires a stackable washer/dryer, I think you will alienate alot more by not providing them.  Stackable units are generally more expensive, and could cause potential tenants to pass on your property, given that they would have to spend money to get washer/dryer that fit the space.

Around me, units with washer/dryer supplied get a $25-50/month premium.

Loading replies...