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Updated over 8 years ago on . Most recent reply

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John Korn
  • Rental Property Investor
  • Pittsburgh, PA
10
Votes |
28
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Ever give tenant stipend to buy Appliance themselves

John Korn
  • Rental Property Investor
  • Pittsburgh, PA
Posted

I need to replace a refrigerator for a tenant that i think may stay in house for a long time. Instead of just buying some $500 fridge has anyone proposed to give the tenant a $500 stipend to purchase a fridge of their choosing (that would still be the property of the landlord) in hopes they would buy something nicer and more expensive. I feel they may feel more attached to the home. This is in a $900 mth SFH. just curious

Most Popular Reply

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158
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140
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Eddie Memphis
  • Investor
  • Englewood, CO
140
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158
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Eddie Memphis
  • Investor
  • Englewood, CO
Replied

If they buy something more expensive you will owe them that amount when they leave. Buy the fridge yourself.

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