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Updated over 4 years ago on . Most recent reply

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139
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68
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Curt Bixel
  • Rental Property Investor
  • Columbus OH (columbus, oh)
68
Votes |
139
Posts

Is regular maintenance of HVAC worth it on a rental

Curt Bixel
  • Rental Property Investor
  • Columbus OH (columbus, oh)
Posted

The common thought on this seems to be that you should schedule regular maintenance on your HVAC systems in rentals.  I wonder if anyone has ever really dug into this to know.  I don't really do that and I do get calls every so often from tenants about an HVAC system that is not working.  At the same time, I save the cost of the maintenance visits and I don't have to bother scheduling them and inconveniencing the tenants until there is a real need.

I imagine that there are people out there with so many rental properties that they actually have the data on how many emergency service calls they get per year despite having regularly scheduled maintenance in place and the cost of those emergency service calls.  There are likely also people out there who have many rental properties who don't have regularly scheduled maintenance in place who also have records of expenses.

I am wondering if any of these people can share their experiences. 

I imagine there is a third group of people who have really, really, strong feelings about this issue either way, but don't really have much in the way of data or experience to back their feelings up.

I am interested in hearing from anyone, but it would be helpful if you could first share the basis for your take on this issue.  

Most Popular Reply

User Stats

174
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184
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Jenni Utz
  • Real Estate Consultant
184
Votes |
174
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Jenni Utz
  • Real Estate Consultant
Replied

I am a very firm believer in the hvac maintenance aspect of the rental. This has the ability to be a large ticket item if not maintained properly. We even take it one step further and add in our lease an hvac maintenance fee. Included with this fee we ship out the exact filters needed for the property, through a company called Second Nature, to all of our tenants. Nationwide, it has been proven that just changing the filters regularly can save a tenant 15-30% per month on their energy bills. More importantly, regular replacement of air filters has been proven to reduce HVAC maintenance costs by 30% or more for landlords nationwide. If you add that with regular maintenance on the unit, you can extend the life of the unit drastically.  Another thing to keep in mind, is if you aren't properly maintaining the units, and you own/manage a large portfolio, you will be dealing with a lot of unexpected service requests for repairs or replacement at the same time, each year. 

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