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Updated about 4 years ago,

User Stats

29
Posts
6
Votes
Adam Hurst
  • Rental Property Investor
  • Norman, OK
6
Votes |
29
Posts

My mistake - looking for solutions

Adam Hurst
  • Rental Property Investor
  • Norman, OK
Posted

Backstory - bought a property in which the owner left behind all appliances. They left a washer and dryer combo. I never supply washer and dryers as I know the issues that can come up with these appliances. My intention was to adjust this on the lease and say that they were left, but I would not be responsible for them. I made a mistake and forgot when drafting my lease. Of course, 2 months into the lease the washer and dryer combo is down and beyond repair. The lease binds me to replace which I will do. I tried to pitch the idea of them buying units and me providing a rebate for doing so, but they want me to purchase units. Ok, I am big enough to know I made the mistake (losing 3 months cashflow) and they I need to replace. My next question is, when the lease is up and if they renew, can I renegotiate the terms of the lease? Can I pull the units from the house and have them provide them for themselves? I do not want to be stuck servicing washers and dryers. BTW - lesson learned.

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