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PM has advised the tenant want's A/C in the bedroom and has offered to go halves
We're thinking it's best we pay 100%, but lift the rent accordingly at lease renewal
Thanks
What would a simple system and install cost and how much would you increase rent by to recoup
Ex only
system and install $1200
current rent per week $400
We get tenants to pay for stuff all the time if they want it. You pay the full amount and they re-imburse you for half. Has to remain there on vacate.
Never had any problems doing it that way. There are benefits in doing it this way.
1. No change in lease.
2. You can ask them to pay upfront prior to install.
3. If they choose to break lease 1 month after aircon is installed at least you have still been paid for it.
What about they leave after 6 months and next tenant wont pay the higher rent?
Huh? The next tenant gets a totally new lease with whatever rent is agreed between the owner and the tenant.
PM has advised the tenant want's A/C in the bedroom and has offered to go halves
We're thinking it's best we pay 100%, but lift the rent accordingly at lease renewal
Seems it was ok until now...oh, yeah...global warming