When it comes to owning an appealing rental property, comfort is key—and comfort begins with an efficient furnace and air conditioning unit. Renters care about home comfort, and landlords who meet that need can enhance the appeal of your property significantly.
Enhance Resident Satisfaction
For property owners with single-family rentals, upgrading a rental property’s HVAC system offers multiple advantages. The most notable? Residents are more likely to extend their stay beyond the initial lease term when they feel comfortable.
With an updated HVAC unit, renters want to stay, reducing the time and cost of finding new residents year after year. This leads to greater consistency and profitability for landlords.
Improve HVAC Efficiency to Save Money
Investing in a new HVAC unit is a long-term strategy. A high-quality HVAC unit, built to last at least ten years, helps reduce your utility costs and repair expenses while ensuring better climate control.
This durable and efficient unit delivers improved energy savings and proves worthwhile in the long run. While the initial investment may feel steep, the long-term return makes it one of the most valuable upgrades a landlord can make.
Take Advantage of Tax Rebates
Upgraded HVAC units offer another hidden perk—tax savings. Property owners who install energy-efficient HVAC systems may be eligible to claim up to 10% of the cost as a tax deduction. That’s a significant advantage at tax time.
Combining energy savings with potential tax rebates makes HVAC upgrades one of the smartest financial moves for landlords today.
At Real Property Management California Coast, we help landlords like you maximize returns through strategic property maintenance and HVAC upgrades. For help with your El Segundo rental properties, contact us online or call 310-535-2150 today.
Originally Published on June 22, 2018
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