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All Forum Posts by: Rebecca Lazzaro

Rebecca Lazzaro has started 1 posts and replied 2 times.

Post: First property! Washer and dryer?

Rebecca LazzaroPosted
  • Investor
  • Swanzey, NH
  • Posts 2
  • Votes 1
Thank you all for your feedback! We will be paying the water bill, and they are small apartments. Only one bedroom around 500sqft each. I never thought about putting it in the contract that they are a commodity and if they break we may not replace them. We are renting one apartment out while we renovate the other. I think we may leave it with a hookup until they are renovated. Then I will put it in the contract. The area does not have a laundry mat so it's a good selling point. We will only be asking $750-800 a month heat and hot water included after renovations.

Post: First property! Washer and dryer?

Rebecca LazzaroPosted
  • Investor
  • Swanzey, NH
  • Posts 2
  • Votes 1
Hello All! My Husband and I just bought our first rental property for $45k. It has two, one bedroom units with washer and dryer hook ups. There are some areas that need attending, and upgrading. Having the ability to have a washer and dryer is a huge selling point for the area, as there is no laundry mat in town. My husband and I are torn between leaving the property with a washer and dryer hook up, or putting in a compact washer and dryer. My thoughts are to limit water usage, we should put in a small washer and dryer unit, to avoid tenants from putting in massive washers. On the other side, my husband is concerned that it will be an ongoing cost to fix and replace the units. Any thoughts and experiences on this matter would help! Thank you!