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Updated about 1 year ago on . Most recent reply

User Stats

459
Posts
473
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Glen Wiley
  • Investor
  • Richmond, VA
473
Votes |
459
Posts

renting washer and dryer

Glen Wiley
  • Investor
  • Richmond, VA
Posted

What do you charge to rent a washer and dryer to your tenants?

I just signed a lease on a SFH that includes $30/month for each device to rent (not rent to own). Bought new for $450, I figure after 15 months I will get a solid $720/year profit for about 5 years before they fail.

Most Popular Reply

User Stats

459
Posts
473
Votes
Glen Wiley
  • Investor
  • Richmond, VA
473
Votes |
459
Posts
Glen Wiley
  • Investor
  • Richmond, VA
Replied
Quote from @Theresa Harris:

I've never heard of that.  Creative and would cover the cost of repairs, but what do you do if the tenant doesn't want to rent them?


The unit did not have them, I decided to do it in answer to the tenant's interest - they had already signed the lease before we added them.

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