Improve Your Resident Satisfaction
There are many perks to improving a rental property’s HVAC (heating, ventilation, and air condition) unit, making the initial investment of a new unit a good long-term financial move. For landlords with single-family properties, one of the most essential benefits is happier renters. Single-family rental homes are more profitable when your renters want to stay for longer lengths of time. If your renters are comfortable with an updated HVAC unit, there is a greater chance that they will extend their stay beyond the initial lease term. This will save you the cost and hassle of searching for new tenants every year.
Save Money with Increased HVAC Efficiency
Newer HVAC units are also way more efficient than past models, reducing utility costs. Whether the utilities for your rental residences are included in the rent or the tenant’s concern, reduced utility costs result in more satisfied residents and lower costs for you. A quality 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. You may be able to subtract up to 10% of the cost of the unit, a substantial advantage come tax time. Along with the other savings an upgraded HVAC unit has to offer, it makes sense to do so as soon as possible.
At Real Property Management Raleigh, the long-term satisfaction of our clients and their renters is our main priority and we make recommendations for Wake County property maintenance and HVAC upgrades with this target in mind. If you want to know more about the services we offer, please contact us online or call us at 919-481-0008.