Things to consider when Buying Rental Home AC Unit.
What are the factors to consider when purchasing central air conditioning units or HVAC systems for rentals?
Air conditioning systems are a requirement for many rentals which is why you must take a strong decision when it comes to purchasing or replacing an AC. Make the wrong choice and you’ll be kicking yourself when the breakdowns, repairs, and inefficiencies burn a hole in your pocket.
Type of system
Perhaps the first thing important is to decide on the type of air system you want to install in your rental home. Single-stage HVACs are designed to provide comfort for the coldest or warmest days of the year while multi-stage HVACs offer a great way to save energy and money. Moreover, Zoned air systems are very effective at saving you energy while heating or cooling your home.
When it comes to AC units, brand names carry significant weight. This is mainly because each brand offers unique benefits that other brands don’t. It is important to weigh the pros and cons of each brand before settling on the right and suitable air conditioning system. Yukon Air always suggests buying an American Standard unit. The best bang for your buck.
Warranty and service agreements
In the process of weighing out the pros and cons, pay attention to the warranties and service agreements that come with the unit. Most AC systems come with 5 or 10 years warranty and the AC service company will offer a labor warranty for a few years.
Cost of maintenance
Maintaining a new AC unit for a rental property is very costly and most landlords choose to pass some of the cost along to tenants. Of course, this is only possible if you’re in a hot market where you can easily find new tenants. If possible, consider raising the rent by a small percentage (5-7%) to cover for the cost of maintaining air conditioning units.
All in all there are many things to consider when Buying Rental Home AC Unit. Talk to your Maintenance Director if you are using a Property Management Company. Their advise could be important and save you some money in the long run.