An appealing rental property includes the features renters care about most—chief among them, an efficient furnace and air conditioning unit. If you’re a landlord aiming to enhance the appeal of your property, investing in HVAC upgrades is a wise move that delivers value across the board.
Enhance Resident Satisfaction
Upgrading a rental property’s HVAC system is one of the most effective ways to boost tenant satisfaction. Landlords of single-family rental properties, in particular, benefit from keeping renters happy. When tenants enjoy consistent comfort from an updated HVAC unit, they’re more inclined to stay beyond the initial lease term.
The longer renters want to stay, the less time and money landlords spend finding new residents. For single-family rentals, keeping tenants long-term is key to stable income.
Improve HVAC Efficiency to Save Money
While the initial investment in a new HVAC unit can feel like a large financial commitment, it’s one that proves worthwhile in the long run. A high-quality HVAC unit has a lifespan of at least ten years, and during that time, landlords enjoy reduced repair costs, lower utility expenses, and better climate control.
Durable and efficient units lead to energy savings and improved home comfort—both important benefits for property owners seeking strong returns.
Take Advantage of Tax Rebates
Upgrading to energy-efficient HVAC units also unlocks another reward—tax deductions. Property owners can deduct up to 10% of the cost of the unit, giving them a significant advantage at tax time.
With multiple benefits like energy efficiency, reduced costs, and tax savings, a modern HVAC system is more than just an upgrade—it’s a smart, long-term strategy.
At Real Property Management South Orlando, we guide you through every step of property maintenance and HVAC upgrades to ensure your Orlando rental propertiess remain profitable and desirable. Contact us online or call 407-982-2000 today to learn more.
Originally Published on June 22, 2018
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