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Updated over 14 years ago on . Most recent reply

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James W.
  • Real Estate Investor
0
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56
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include washer dryer and refrigerator in house rental?

James W.
  • Real Estate Investor
Posted

I am renting out my 4 bedroom house in San Diego, should I include the washer, dryer and refrigerator in a house rental.

The current tenants offered to leave their refrigerator, washer dryer in the house after they move out for $1000.

Most Popular Reply

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Mark Yuschak
  • Residential Real Estate Broker
  • Grand Blanc, MI
316
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885
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Mark Yuschak
  • Residential Real Estate Broker
  • Grand Blanc, MI
Replied

I refuse to provide a washer and dryer. However, I have quite an inventory of washers, dryers, stoves, friges, etc. So, if a tenant is moving in and needs a washer or dryer, I allow them to buy one from me out of my inventory. I sell them for $75 each and supply the hoses, vent lines, etc. and do the hook up. That way I know it's done right and don't have to worry about a flooded basement. It's an extra few bucks in my pocket for appliances I got for free (I get mostly all my appliances for free...being in the right place at the right time helps).

9 times out of 10 when the tenants move out, they leave behind the washer and dryer that THEY OWN. I just keep them hooked up and resell them to the next tenants. 9 times out of 10, they'll pay me $150 for them again. If they don't want them (which is extremely rare), I'll disconnect them and put 'em back in inventory.

It's the best of both worlds - reselling the same inventory, and reducing liability. I've never gotten a phone call for a broken washer or dryer because they're not owned by me!

On a flip house, I typically supply a washer and dryer. Most of my flips are marketed toward first time buyers. Most first-timers don't have a washer and dryer so it helps find a buyer that much quicker and makes the house feel complete.

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