To keep your rental competitive, it needs to be both functional and attractive. Renters appreciate an appealing rental property, and nothing impacts comfort like an efficient furnace and air conditioning unit. For landlords, this is a key area to enhance the appeal of your property.
Enhance Resident Satisfaction
Upgrading a rental property’s HVAC system delivers one of the best benefits for landlords: it helps renters feel at home. In single-family rental properties, that added comfort provided by an updated HVAC unit leads to longer stays beyond the initial lease term.
Fewer turnovers mean you’ll spend less time and money finding new residents—and your single-family rentals remain consistently occupied.
Improve HVAC Efficiency to Save Money
Investing in a new HVAC unit is a practical step for long-term savings. A durable and efficient unit can help reduce your utility costs, and a high-quality HVAC unit typically enjoys a lifespan of at least ten years.
With fewer breakdowns and better energy performance, this financial commitment proves worthwhile in the long run.
Take Advantage of Tax Rebates
Upgrading to energy-efficient HVAC units offers more than just comfort—it can also bring tax relief. Property owners can often deduct up to 10% of the HVAC system’s cost, providing a significant advantage at tax time.
Between tax rebates, reduced repair costs, and better tenant retention, an upgraded HVAC unit is a win for any landlord.
At Real Property Management Raleigh, we help ensure your Raleigh rental properties are optimized with expert property maintenance and HVAC upgrades. Contact us online or call 919-481-0008 today for personalized support.
Originally Published on June 22, 2018
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