Washer and dryer in rental?

[Leanne R.]

Hi,

I just bought two investment properties in the Tampa Bay Area.  I was wondering if it is common for renters to bring their own washer/dryer or do most investors provide a washer/dryer?

[Bryan Devitt]

IMO provide as few things that break as possible. Washers and driers break more than most appliances and you would be paying to fix them when it happens, usually $200-300 each time. What is the upside of opening yourself up to that? How much more per month will you get for providing it compared to just having the hookups? Unless you "provide" them by getting them at Rent-A-Center and marking up the cost so then they're on the hook when they break and you make money for the aggravation