An attractive Altamonte Springs rental property is one that provides many sought-after features. Among the features that many renters want in a rental property, an up-to-date and efficient furnace and air conditioning unit are normally at the top of the list. Renters are no different from a lot of homeowners in that regard: they want to live in comfort and be able to enjoy their home, rented or owned, whatever weather it is outside.
Improve Your Resident Satisfaction
There are many perks to improving a rental property’s HVAC (heating, ventilation, and air condition) unit, that initial investment of a new unit is a good financial decision in the long-term. One of the most important perks for landlords with single-family residences is happier tenants. Single-family rentals are more profitable when your tenants want to remain longer. If your tenants are contented with an updated HVAC unit, your tenants are more likely to stay in the home past the initial lease agreement. This will save you the cost and hassle of searching for new tenants every year.
Save Money with Increased HVAC Efficiency
Furthermore, newer HVAC units are much more efficient than older units, therefore lessening your utility costs. Whether the utilities for your rental properties are incorporated into the rent or are the resident’s responsibility, reduced utility costs result in more satisfied residents and lesser costs for you. An excellent HVAC unit should more than pay for itself eventually as they typically last at least ten years or more.
Enjoy Tax Rebates from the Government
Another benefit is the potential tax rebates offered to homeowners who upgrade to energy-efficient HVAC units, with a possible 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 offers, it makes sense to do so as soon as you can.
At Real Property Management South Orlando, we give the overall satisfaction of our clients and their resident’s utmost importance and provide recommendations concerning Altamonte Springs property maintenance and HVAC upgrades with this goal in mind. Please contact us online or call us at 407-982-2000 if you would like to find out 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.
