If you have a home or a flat for an investment, you will know the importance of keeping it rented out, especially if you use the income from it to pay it off. If your investment property is empty for just a few weeks it can become a struggle to meet the repayments. Even if the property is fully paid for already, you still want the income to be available on a regular basis. Air conditioning is one addition that can help you achieve this.
There are very few climates where the weather is perfect all the time. Sometimes its way too hot; other times of the year it is really cold. Even in temperate climates this is the case. Traditionally, many homes have some kind of heating built into them, but if they don’t it’s easy to purchase heaters of various kinds. Funnily enough, it’s not so easy to get the air cooled as it is to get it heated.
Yes, there are fans and these do a good job as long as it’s not too hot. But when the mercury soars, a fan just blows hot air around. You can have the kind of plug in air conditioner that can be wheeled from room to room. It works by having water added to the top so a fan blows through it and comes out cooler. A bit, anyway. These units are very heavy to move even though they have wheels. And they are extremely noisy, so they’ve never really taken off. Plus, they are expensive to purchase considering they are not very efficient.
To keep your tenants happy, it is far better to have split system air conditioning installed in your investment premises. These are far more efficient even than the window type air conditioners that are both noisy and expensive to run, not to mention taking up window space – unless they are installed in a hole in the wall. Don’t let your tenants do that because there is no guarantee that they will do a decent job of it.
Having a proper air conditioning unit – especially a reverse cycle one – will keep your tenants happy and is a big deciding factor for new tenants. Everyone wants to be comfortable in the hot weather as well as the cold. When there is an efficient, quiet and cost-effective air conditioner that will provide comfort in your rental property in both winter and summer you can expect prospective tenants to be very eager to sign on the dotted line.
Air conditioning is one thing that will encourage tenants to stay with you. This is what you, as the landlord, need. So if you are thinking of making any kind of home improvements to your rental property, air conditioning would be the single best investment you could add.