Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Medium-Term Rentals
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 year ago on . Most recent reply

User Stats

16
Posts
12
Votes
Christine Cho
12
Votes |
16
Posts

Washer/Dryer Combo for Basement MTR

Christine Cho
Posted

Hi,

I'm operating a STR turned MTR 1 bedroom basement unit. It doesn't have a washer or dryer, but I've been thinking about placing one so I can attract more tenants. I haven't had vacancy issue so far for the 3 months since STR to MTR, but I'll be entering slower months (is there slow months for MTR?) after the current tenant and I notice many tenant leads on furnished finder are looking for washer dryer in unit. The issue is, washer and dryer combo (not the stackable, the one where you can wash and dry without taking out) is my only option for now since the unit does not have vent. I'm concerned with two things:

1. does it create enough value for tenants looking for washer/dryer in unit considering its downsides such as taking long and not drying as well?

2. should I consult with plumber before investing in this? It is a basement unit and I've had sump pump smell issue when there was heavy rain, which is pretty rare in Denver.


Also looking for any suggestion or experience around this topic. Thank you all.

Most Popular Reply

User Stats

1,942
Posts
1,775
Votes
Bonnie Low
#1 Medium-Term Rentals Contributor
  • Lender
  • Asheville, NC
1,775
Votes |
1,942
Posts
Bonnie Low
#1 Medium-Term Rentals Contributor
  • Lender
  • Asheville, NC
Replied

We have the LG all-in-one in our MTR and our guests love it. But note that it's only suitable for small loads. We have a 1/1 so it's sufficient since we usually only have 1 guest at a time, occasionally 2. We were able to tie into our sink and dishwasher plumbing and it was very simple, but my husband is very knowledgeable. So it's do-able without a plumber IF you know what you're doing. 

  • Bonnie Low
  • [email protected]
  • Loading replies...