Water supply lines can break and cause flooding, dryer ports will get blocked and pose a fire risk, and a variety of dilemmas may appear that threaten your premises and cause costly or damage that is even permanent. Should you choose give consideration to an in-unit washing facility, be sure you have actually sufficient home insurance coverage, and constantly require a decent-size safety deposit in order to be safe, as this often helps offset any damage the tenant might do in order to the devices or washing area.
An alternate: Community laundry spaces
If you should be a condo or multifamily home owner, then the coin-operated community washing space may be a good replacement for in-unit options.
These could not merely offer a good supply of additional earnings but also provide a place for tenants to collect and socialize, contributing to the feeling of community on the home. (more…)