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Updated over 11 years ago, 07/05/2013
Should I buy a multifamily with no central ac?
Hi all,
Still looking for my first multifamily...Seven months into the search. But no purchase is still better than making a bad one, right? I'm looking at a fourplex now, 2 2-bedrooms, 2 3-bedrooms, with no central ac. In each main area there is an existing window a/c unit. My question is, do apts with no central ac rent for less than those that do? (Of course?) Would any of you buy a rental property with only window a/c? (Depends on the deal?) And if so, then should I also supply a window unit for each bedroom ( I would provide one for the main area), or let the tenant supply their own? Would it affect the rentability if I did not outfit the bedrooms.
Thanks,
Chris