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Updated almost 3 years ago on . Most recent reply

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Chris Shepard
  • Investor
  • Portland, OR
120
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160
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Offering WiFi to Tenants

Chris Shepard
  • Investor
  • Portland, OR
Posted

Is anyone setting up WiFi for tenants in multi family properties?

I am interested in getting ahead of the curve when it comes to smart home tech, but it would work a lot better with active WiFi in the apartments.

I don’t want to become a network admin though, but it seems like it could potentially be a new revenue stream or a differentiator if it was offered as a free amenity.

Here’s an article I just read on vertical rent.

https://www.verticalrent.com/entry/how-to-offer-your-tenants-in-home-wifi-service

Is anyone doing this? Can you share your experience?

Thanks!

Most Popular Reply

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10,252
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Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
16,111
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Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
Replied

I ended up offering it in one of my historic old brick buildings,  a 10-unit mixed use.  

I only offer it because it's too difficult to install new service and installers are rough on property. 

For me it's more of an amenity vs revenue source. It's a rural one horse town that doesn't have  a laundromat,  so I also offer free communal laundry use on a schedule. 

Free is relative. Obviously I build things into the rent but am still the best value and can advertise free Wi-Fi in my listings.

Because it's free and I'm just old and a bad handyman, I am def not the tech admin.  I agree that job would suck and not be worth the extra $20 or whatever per month. 

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