8 Things You Don’t Need to have at Your Rental Property
There’s a fine line between supplying too few amenities and too many amenities in a rental property. What we mean by this is a landlord is required by law to provide safe, clean, livable accommodations, but that doesn’t mean you have to provide extra luxuries a tenant can do without.
Hot and cold running water, working electricity, heat, and trash disposal are the main attributes the law requires in a rental unit. Aside from these, you really don’t have to provide anything else. However, there are amenities that make a rental property more attractive to renters such as a refrigerator and stove. Don’t get caught up in providing a bunch of amenities that create expensive and time-consuming repairs and that your tenants can live without.
1. Garbage Disposal
Of all the appliances a landlord could provide, the garbage disposal is the worst. Although it is relatively easy and inexpensive to repair, this appliance is responsible for more maintenance calls than any other appliance. Furthermore, it is a liability, especially if young children live in the rental unit.
Everyone wants a dishwasher, but the reality is, everyone can do without one. These appliances have a relatively short lifespan (6-10 years), and when they break down, can be costly to repair or replace.
3. Trash Compactor
Falling into the same short-lived lifespan as the dishwasher, the trash compactor can be more hassle than it’s worth. Not only is it expensive to repair or replace, its design is such that food and other garbage collects over long periods creating a rodent and/or insect attractant. Forgo the trash compactor for some much-needed storage space.
4. Ice Maker
Having a refrigerator with an icemaker is just asking for trouble. If a tenant decides to move the appliance to clean behind it, it could cause the water connection to leak, resulting in extensive damage before anyone realizes it. Just let renters fill ice trays from the faucet instead.
5. Bi-Fold Doors
Bi-fold doors are ideal for oddly sized closets and other doorways. However, they are fragile and the top sliding hardware comes out of the track quite easily. It’s not hard or overly expensive to repair these doors, but it can take time out of a busy schedule to do so.
6. Screen Doors
Screen doors are delicate and easily damaged by children and pets. Avoid the inevitability of repair and replacement by opting for a much sturdier storm door instead.
Having a pool is very attractive to renters, but for a landlord, it is a nightmare. Pools are high maintenance. If not maintained properly, they can be a breeding ground for all sorts of sickness causing bacteria. In addition, they can be a hazard if young children reside on the property.
8. Outdoor Play Equipment
Trampolines and swing sets are liabilities. A large number of parents won’t even let their children play on trampolines because they are too dangerous. It’s best to just let parents take their children to the local park to play instead.
As a landlord, you want to make your rental property as attractive to potential renters as possible to avoid vacancies. While it’s nice for tenants to have all the extra amenities, it can be a hassle for you when it comes to maintenance. Provide your tenants with the important things and forgo the extras to find a suitable balance for you both.