Improve Your Resident Satisfaction
There are plenty of benefits to upgrading a rental property’s HVAC (heating, ventilation, and air conditioning) unit, making the initial investment of a new unit a smart financial move in the long run. For landlords with single-family homes, one of the most important benefits is happy and content residents. Single-family rentals are more profitable when your tenants want to stay longer. If your renters are comfortable with an updated HVAC unit, they are more likely to extend their stay beyond the initial lease term. This is going to save you the cost and hassle of having to get new residents every year.
Save Money with Increased HVAC Efficiency
Modern HVAC units offer greater efficiency than their older counterparts, reducing utility expenses. Whether the utilities for your rental homes are included in the rent or the responsibility of the renter, lower utility costs contribute to increased tenant satisfaction and decreased expenses for landlords. Investing in an excellent HVAC unit is a financially sound decision over the long term, as these units typically have a lifespan of at least ten years or more.
Enjoy Tax Rebates from the Government
Yet another benefit is the available potential tax rebates given to property owners who switch 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. When combined with the other savings an upgraded HVAC unit offers, it makes sense to make the change as soon as possible.
At Real Property Management Gold, the long-term satisfaction of our clients and their renters is our main priority, and we make recommendations for Calvert County property maintenance and HVAC upgrades with this target in mind. If you want to know more about our services, please contact us online or call us at 301-392-2172.