If it ain't broke - don't fix it - Landlord Forum thread 334009

If it ain't broke - don't fix it by CCRider (CA) on April 23, 2015 @02:51

Your tenants are happy with things the way they are. Why would they want to pay a higher rent to pay for a new A/C system for you?

Think about the real "cost" of losing these tenants to get tenants who will pay a higher rent.

I figured you'd lose one month's rent when an apartment turns over. Plus the cost of cleaning and painting and dealing with any normal wear and tear - carpets? cupboards? who knows what?

Now add that up and then add the cost of the new AC system, and add up the increase in rent you'd get from the new tenant. How long will it take for you to get even? Then make a profit? And, whoops, if the new tenant moves out in a year, did you still come out ahead?

Leave them alone, is my advice. If the units are causing any damage due to water, then address that as it happens. Otherwise, if it ain't broke, leave it alone, is my advice.

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