An attractive Temple rental property is one that has numerous desirable features available. Among the features that many residents desire in a rental property, an efficient and up-to-date furnace and air conditioning unit are usually at the top of the list. Renters are no different from a lot of homeowners in that regard: they want to live in comfort and be able to enjoy their home, rented or owned, whatever weather it is outside.
Improve Your Resident Satisfaction
There are plenty of benefits to upgrading the HVAC (heating, ventilation, and air condition) unit of a rental property, making the initial investment of a new unit a smart financial move in the long run. One of the most important perks for landlords with single-family residences is happier tenants. Single-family rentals are more profitable when your residents stay for longer periods of time. If your renters are comfortable with an updated HVAC unit, they are more likely to extend their stay beyond the initial lease term. This will save you the expense and hassle of getting new renters every year.
Save Money with Increased HVAC Efficiency
Newer HVAC units are much more efficient than older models, leading to saving on utility costs. Whether the utilities for your rental homes are covered in the rent or are the renter’s responsibility, reduced utility costs mean more satisfied renters and lesser costs for you. An excellent HVAC unit should more than pay for itself over the long term as they typically last at least ten years or more.
Enjoy Tax Rebates from the Government
Yet another benefit is the available potential tax rebates given to property owners who switch to energy-efficient HVAC units. You may be able to subtract up to 10% of the cost of the unit, a substantial advantage come tax time. When combined with the other savings an upgraded HVAC unit offers, it makes sense to make the change as soon as you can.
At Real Property Management Talent, we prioritize the long-term satisfaction of our clients and their residents and formulate recommendations for Temple property maintenance and HVAC upgrades with this in mind. Please contact us online or call us at 254-401-0400 if you would like to know more about the services we offer.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.
