If you own a rental property, you might not think much about the air conditioner. But, if you're concerned about your property, you should. There are a lot of good reasons why you should replace a broken air conditioner in your rental property as soon as possible. Here are four of those reasons for you to consider.
Increase the Property Value of Your Rental
If you've decided not to replace the broken air conditioner in your rental home, you need to consider property value. You might not realize this, but a broken air conditioner can affect the value of your rental property. A broken air conditioner can also make it more difficult for you to find quality tenants for your rental home. The best way to protect the value of your property, and to find quality tenants, is to replace the broken air conditioner as soon as possible.
Keep Your Tenants Cool and Comfortable
If you own rental property, you want to provide comfortable and safe housing for your tenants. One way to do that is to maintain a functioning air conditioner in each of your rental properties. A functioning air conditioner can help to keep your tenants comfortable during the summer. It can also help your tenants avoid heat-related illnesses. This is especially important if you have young children, elderly adults, or those with medical conditions, living in your rental properties.
Protect Your Home From Heat Damage
If you're not going to replace the air conditioner in your rental home, it's time to think about heat damage. This is especially true if your area experiences extreme summer temperatures. An air conditioner doesn't just keep your tenants cool and comfortable. An air conditioner also protects your home from suffering heat damage during the summer. When the temperature inside your home rises to dangerous levels, as can happen when there is no air conditioner, damage can occur. In fact, you can expect to experience damage to the roof, wood frame, and flooring. You can protect your rental home against heat damage by replacing the broken air conditioner right away.
Maintain the Conditions of Your Lease
If you've decided not to replace a broken air conditioner in one of your rental properties, you need to look at the lease agreement. Most states don't require landlords to provide air conditioning for their tenants. But, if your rental home had a working air conditioner at the time that your tenants signed the agreement, you need to replace the unit as soon as possible. Failing to do so could put you at risk for breaking the lease agreement.
If you have been on the fence about adding air conditioning to your rental unit, consider the above benefits and talk to an HVAC contractor near you.Share