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All Forum Posts by: Michael Parkins

Michael Parkins has started 1 posts and replied 3 times.

Post: Downgrading Refrigerator on Current Tenants

Michael ParkinsPosted
  • Rental Property Investor
  • Cheyenne, WY
  • Posts 3
  • Votes 0

@Matt M. refrigerators are pretty much expected to be included with a rental where I’m at. I’m sure there are some that probably don’t have a refrigerator, but I personally have never seen a rental posted where I’m at that didn’t include all kitchen appliances except a microwave. 

Post: Downgrading Refrigerator on Current Tenants

Michael ParkinsPosted
  • Rental Property Investor
  • Cheyenne, WY
  • Posts 3
  • Votes 0

Thanks for the replies. All of the forum posts I saw from Bigger Pockets said to absolutely get rid of the ice maker and water dispenser, even if you currently have tenants, because they are frequently the most common thing to break and need maintenance in a rental. But many of those posts were 2 or more years old, so I wasn’t sure if people are still generally following that guidance or if they are considered more of a standard commodity now than they used to be. 

Post: Downgrading Refrigerator on Current Tenants

Michael ParkinsPosted
  • Rental Property Investor
  • Cheyenne, WY
  • Posts 3
  • Votes 0

We have had our first rental property for almost a year now. We lucked out and have great tenants for our first experience! The fridge in the unit that came with the house when we bought it is now in need of replacement. It is a pretty old fridge the needs a valve replaced inside the fridge. I can get the part for $150, but I’m not 100% certain that will fix the issue, and the fridge is already fairly old and something else could easily fail after I drop the $150 to fix this other issue. The current one has an ice maker and water dispenser, but after reading through some forum posts on here it sounds like most people would recommend replacing it with a fridge that doesn’t have either?

Our tenants have been great thus far, and I do feel bad downgrading the fridge on them. I’ve thought about giving them the opportunity to purchase their own fridge with an ice maker/water dispenser if they would like those amenities, then they obviously can take the fridge with them when they move out and we will downgrade the fridge at that time. Would that be a reasonable thing to offer the tenants? Otherwise, does anybody have any recommendations on best way to go about letting our tenants know the good news is we are replacing the fridge, but the bad news is it will no longer have an ice maker or water dispenser?