Rental Property Investor · Jacksonville, FL · Member since 2020 · 19 posts · 12 votes
I closed on my first duplex two weeks ago and today I got a call from my tenant that the fridge and freezer are not cooling. They’re holding the current temperature so he’s not worried about his food tonight and overnight but I feel obligated to have it fixed by tomorrow. Since they’re both not working I’m thinking it’s probably not worth having a repair man out since the fridge is pretty old. I’m going to go check it out myself this afternoon just to verify everything he’s telling me. Anyone know where I can get a great deal on a fridge in a hurry? Is it worth it to get one that’s a little bit banged up for half the price?
I'm sure everyone will have different opinions here but I've done it both ways. If you're just looking to buy some time, it might be worth buying a used fridge. I have a used fridge that I purchased over 5 years ago and it still works well. I think I'd be less likely to say the same thing if we were talking about a clothes washer.
Alternatively, I've also bought appliances brand new (especially when retailers are having sales) and then purchased a warranty. While I don't normally buy a warranty on appliances, this has been a saving grace for me a couple times at one of my rental properties.