If you are a landlord who is responsible for multiple apartments in a complex, you could be debating on whether or not you should provide washers and dryers for your tenants. As you probably already know, this can be a good way to attract more tenants, and it can be a great perk for the people who are living in your complex. However, you could be concerned about whether or not it's worth the hassle. If you follow these tips, though, you can provide washers and dryers for your tenants without it costing too much or causing too many problems.
1. Look for Affordable Appliances
First of all, you probably do not want to spend a lot of money on washing machines and dryers for your apartments. Luckily, there are various ways that you can save money on these machines. If you work with a local appliance store, you may be able to get a cheap price if you buy simple machines and if you are willing to buy them in bulk. Buying used machines that are in good condition can also be a good idea for furnishing your apartments with washers and dryers without spending a lot of money.
2. Learn How to Repair Them Yourself
One thing that you could be worried about is the cost of maintaining the machines. If you can learn how to make a few basic repairs yourself, such as changing out a heating element in a dryer, then you can keep machines going for a long time without having to spend a lot of money. After all, buying appliance replacement parts and spending a little bit of your time on labor can be much cheaper than replacing machines.
3. Focus on Proper Installation
One thing that you could be worried about is flooding from the washing machines. This is something that can happen, but you can decrease the chances of this occurring by ensuring that the machines are installed properly. Learning how to do it yourself or hiring a pro can help you ensure that they are installed properly. Proper installation can also help prevent gas line problems with gas-powered dryers or electric issues with electric dryers.
Providing washers and dryers for your apartment tenants can be a great perk that can help you attract more tenants and keep your existing tenants happy. Even though there can be a little bit of extra cost and work associated with doing so, if you follow these tips, you can help make things easier when providing washers and dryers for the people who live in your apartment complex.