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Updated about 3 years ago on . Most recent reply

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8
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3
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Sally O.
  • Investor
  • Duluth, MN
3
Votes |
8
Posts

Install gas line and new gas stove???

Sally O.
  • Investor
  • Duluth, MN
Posted

Hi all,

We just renovated a home in a nice neighborhood.  We got a renter for $1,300 a month.  She asked about a gas stove.  We just got a gas line and a new furnace.  Should we put in a gas line for her and buy a gas stove?  We have an electric one there( brand new ) but I could put the new stove into another rental we own.  We had 3 people ask about a gas stove while showing the house.  I'm thinking it may pay off in the long run and attract the kind of renters we want.  It would cost $300-400 dollars to put the gas line in plus the new gas stove.   

Thanks for your input. 

Sally

Most Popular Reply

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368
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131
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Mike M.
  • Longview, TX
131
Votes |
368
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Mike M.
  • Longview, TX
Replied
I'd put one in if they pay for the stove and install and sign a statement agreeing no compensation from the landlord and the changes stay with the property regardless. Or you could install and raise the rent an amount on par with your desired payback period.

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