The Best Appliances In Rental Property

If you want to maximize the value of your rental property, you need to make sure you install the right appliances. If it has been a long time since you last upgraded your appliances, it might be time for you to do so. You should view these appliances as an investment, as they can help you attract renters who have more money. What are some of the best appliances you should upgrade?

The Stove

There is a saying that the kitchen is the heart of the home, so this is where you should start. Take a look at the stove. If the stove looks a bit dated, it may be time to upgrade it. There are a lot of renters who enjoy gas stoves, but they are a bit more expensive. Do not forget to take a look at some of the most common safety concerns before you decide which stove is right for your property. If you decide to go with an electric stove instead, which might be necessary if you don't have a gas line, consider going with a new induction cooktop. Even though it might be more expensive, these appliances could be tax-deductible. Talk to you in accounting to learn more.

The Refrigerator

Today, a lot of renters expect to see stainless steel when they walk into the kitchen. Therefore, you might be thinking about upgrading the refrigerator to a stainless steel option. A stainless steel refrigerator could complement a lot of the other appliances you have in the kitchen, but you might want to consider going with a faux stainless steel refrigerator if you are interested in a stain-resistant option. Do not forget to measure the dimensions of the kitchen before you purchase a refrigerator. There has to be enough space for the doors to swing open. Do not forget that some refrigerators also have a freezer compartment at the bottom, so there has to be enough room for that as well.

The Dishwasher

Dishwashers are an important convenience to have in rental properties. There are a lot of residents who assume that high-end properties are going to have dishwashers, so be sure to think carefully about which one you install. Always take a look at how much water and energy the dishwasher will use, and do not forget to think about the capacity of the dishwasher. If you have a single-family home, your renters might go through more dishes, so it might be worth it to get a slightly larger dishwasher that can handle more dishes. Consider reaching out to an expert if you need help picking out a dishwasher for your rental property.

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