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Updated over 15 years ago,
rental house & appliances
i am in the process of buying my first rental. i am getting the washer and dryer in the transaction, but no fridge.
my main question is, should i buy a new or used fridge for the tenants? i have been told not to let the tenants use their own appliances because many times the tenants will damage the floor or walls when moving the appliances.
the house was listed at $270K, i offered $265K, seller pays $8K closing costs, i get the washer/dryer, i get a one year warranty.
the seller agreed to the above offer. comps run $263K-$270K.
i hope it works out.
vegas