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14
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1
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Michael Ellis
1
Votes |
14
Posts

New Way to Make Money/Added Benefit for Tenants

Michael Ellis
Posted

We have a 50 unit apartment complex and a local Subscription based Roadside Assistance company wants to partner with us to provide our tenants with unlimited priority roadside assistance services. We already see 2-4 tow trucks and services trucks in our apartment complex every week so we definitely can see the value there for our tenants! The service would cost $17.99 per/month per/tenant and they would give us a $5 kick back from each subscription that we would add onto their monthly rent. We don’t want to nickel and dime our tenants, but we see the value and it brings in a little bit of extra income.  I wanted to see what other owners think or if they offer services like this to their tenants and how they set them up?

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User Stats

890
Posts
1,444
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Derrick E.
  • Investor
  • The Creek, WV
1,444
Votes |
890
Posts
Derrick E.
  • Investor
  • The Creek, WV
Replied

Sounds like a headache. I’d just raise rent by $5 per month lol 

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