An attractive La Mirada rental property is one that has many sought-after features. Among the features that many residents want in a rental residence, 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 respect: they want to be able to enjoy and live comfortably in their property, rented or owned, no matter the weather outside.
Improve Your Resident Satisfaction
There are numerous benefits to making upgrades to a rental property’s HVAC (heating, ventilation, and air condition) unit, so the initial investment of a new unit is a great financial decision overall. For landlords with single-family properties, one of the most main benefits is satisfied residents. Single-family rentals are more profitable when your residents stay for extended periods of time. Your residents are more likely to extend their lease if they are comfortable with an updated HVAC unit, which is going to save you the cost and hassle of having to get new residents every year.
Save Money with Increased HVAC Efficiency
Newer HVAC units are also much more efficient than older units, leading to savings on utility expenses. Whether your rental home’s utilities are included in the rent or the renter’s responsibility, reduced utility expenses mean happier residents and fewer costs for you. A good HVAC unit typically last ten years or more, so a new unit is going to more than pay for itself eventually.
Enjoy Tax Rebates from the Government
Another benefit to consider is the potential tax rebates offered to homeowners who upgrade to energy-efficient HVAC units, with a potential deduction of up to 10% of the unit’s cost, which is a significant help come tax season. With all the other savings an upgraded HVAC unit provides, it makes sense to do so as soon as you can.
At Real Property Management California Coast, we give the long-term satisfaction of our clients and their resident’s utmost importance and give recommendations concerning La Mirada property maintenance and HVAC upgrades with this in mind. Please contact us online or call us at 310-535-2150 if you would like to learn 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.
