Your apartment residents expect some appliances to come with the places they rent from you. Luckily, you can purchase refrigerators, stoves, washing machines, dishwashers, and other appliances at wholesale when you're buying several of them at once. Here are a few things to think about when buying wholesale appliances for your apartment complex.
Shipping and Handling
While the actual cost of shipping and handling is easy to factor in when making investment decisions, it's important to think about the shipping and handling process before ordering any wholesale appliances for your apartment complex. Make sure you know exactly how the appliances will be delivered before you order them, or they might end up taking a lot longer than you expect to arrive.
And find out how the handling and delivery process works so you can prepare for the arrival of the appliances accordingly. Will delivery staff help move the appliances off of the truck or will you have to do the legwork yourself? Consider purchasing transportation insurance to protect the appliances in case something goes wrong while they're being shipped to you.
Malfunctions and Breakdowns
You should also think about what you will do if a malfunction is found to be present in one or more of the wholesale appliances you buy. You shouldn't have to be held financially responsible if an appliance doesn't work because a part malfunctions or gets damaged during transport. Make sure that the dealer you're working with will provide you with a manufacturer's warranty for each appliance you purchase from them.
Read the warranty so you know exactly what is and isn't covered. And find out if you can purchase an extended warranty to cover break downs due to normal wear and tear so you don't end up having to pay out of pocket when a resident calls you to make repairs in the coming years.
Maintenance and Trade-Ins
The appliances you buy will have to be maintained as time goes on to keep them in good shape for your apartment residents. You might also decide to upgrade some of the appliances to keep up with the competition and attract new residents as technologies change.
The dealer you're working with may be able to offer a maintenance plan for you to invest in that will provide you with regular maintenance appointments with a service technician who will inspect and tune up your apartment community's appliances throughout the year. Don't forget to find out what the estimated trade-in value will be for the appliances you buy if you were to trade them in a year or a decade from now.
For more information, contact a retailer that supplies scratch and dent appliances in your area.