New or reconditioned appliances
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I never put new in a rental for the simple fact that as soon as a tenant leaves the new tennat gets a used appliance anyway. 2-3 year old appliances for $2oo - $300 is best money spent. Warranties are for the most part a worthless expense. Good condition used will last as long as new. I keep spare units available and do a swap when service is required on a appliance. This avoids down time for the tenant and no urgency for me to do repair.
Depends on the level of the rental but scratch and dent/ reconditioned are usually the best way to go in my opinion.
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Typically, I prefer to buy used from third party members trying to sell items they no longer need for whatever reason. In such instances, they typically sell for below value and if you look long and hard you’ll find something in extremely good condition.
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I like to go brand new everything, I don't like to go back and fourth to rental properties fixing and spending more money on repairs, but if its in a bad area with high vacancy rates save your money :)
Around here (rural) finding anything less than 10 years old is rare. And they want too much and it's to far to drive. Everyone likes new appliances. I buy big box stores when on sale, if I can wait for the sale. I made a list of all my appliances in order of age and will be replacing them. Old refrigerators go first because they are the most important vs washers, dishwashers, stoves.
it sort of depends if your property is an A or C property on an A you should almost always go with new stainless steel
In a dilapidated apartment with low rents I might throw in a used $50 appliance and if it breaks just replace with another as repairing usually costs more tha fixing
Nowadays you can get a new stainless stove for $400-500 so you might as well. You end up getting better and greatful tenants. Plus you don’t have to deal with repairs.
I’d go for newer in most situations
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If you buy new does this mean you replace all appliances every time there is a tenant turn over or do new tenants get used appliances. If you don't replace appliances at turn over you may as well have saved the money and bought used in the first place.
Tenants don't know the difference.
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I spent $300 trying to repair a $450 home depot new stove 14 months after I bought it. and gave up! and ended up buying a new one.
buy quality re-conditioned or new with an extended warranty perhaps.
recently lowes has had a lot of 50% off sales on open box stuff.