I typically buy fairly cheap appliances. I always buy new, and make sure that they are 100% clean for all new tenants. Of course, I also expect the tenants that are moving out to keep them clean.
Refrigerators
I buy top freezer refrigerators, ~18 cubic feet. No ice maker. They run ~$500, delivered. A refrigerator is probably not worth fixing if it does not get cold any longer. It makes sense to try and clean the coils, but for an appliance person to come out to troubleshoot the issue is ~$100.
A new compressor, evaporator coil, or most any other part will run another $200+, if you are lucky. It may even be more. If my refrigerators run $500, it is not worth fixing. For $500, I get the old one removed, and a new one brought delivered for free, even up two flights of stairs.
With a new appliance, you have a 100% clean appliance that is under warranty.
Ranges
I buy electric coil top stoves. I always buy ranges with a self-cleaning option. It is amazing how clean the range can get with a simple click of the switch.
Ranges can be fixed. I have replaced main circuit boards, the coil burners, and the range element. I recently had a range element go out, and it is a simple fix that takes about five minutes. Be sure to flip the circuit breaker off before you start.
I try to find parts on the internet, and often you can find the list price part being $50, and the cheap parts place only $15. Be sure to shop aggressively for appliance parts.
Dishwashers
I buy dishwashers with a grinder. They cost ~$300. When they go out, buy a new one. If a dishwasher leaks, that can be fixed, most likely. To clean them, put a quarter cup of calcium, lime, rust remover (CLR) in the bottom of the dishwasher and run a cycle. Stop it mid-cycle if you can, to let the CLR do the work.
Buy a generic version of CLR for ~$10 a gallon, rather than a name brand.
Dryers
Dryers can be fixed. There is not much to them.
I recently fixed a dryer that was not turning. I assumed it was the belt slipped off, or broken. I happen to have a brand new extra dryer in my storage room, so I just swapped the machine out. I had great intentions of fixing the dryer as soon as I brought it home, but the room where it was being stored is not heated. I waited until spring.
In the spring, before I could fix the dryer, I had another one go out. It was not heating, but it was turning. Luckily, there was a dryer in the common area for the tenant to use, and that took away any emergency.
I was able to take the heating element off the spare dryer, bring it over to the tenant’s place, and change it in a matter of 10 minutes. All was well and the tenant was happy.
So now I had a dryer that needed something to fix the heat, and something to make it turn.
So, two simple fixes, and my dryer is ready to go. I will keep it as a spare until I need it.
An appliance repair person would have probably told me that the dryer was not worth fixing. A new one is $750, for these small apartment sized dryers. Saving the $750 is as good as having another apartment rented out, except there are never any complaints…
Do you do your own appliance repairs at home or a rental? If you have rentals, what is your repair strategy?