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Updated about 3 years ago,
Would an All-Inclusive Rent Work?
Hello BP Community! I was interested in people's thoughts on offering an all-inclusive monthly price for a property vs. rent only.
In my market I am looking at SFH, long-term hold. My primary target markets fall into three categories: families looking to get into the school district, divorced/separated, and families transitioning from selling their home but needing to wait to move-in to their "being built" home. I feel a lot of people that fall into buckets 2 & 3 would prefer an all-inclusive payment and have everything taken care of (lawn care, snow removal, utilities, etc.). I've lived in the market for a decade so I know what prices should be for these services. Should I offer this (with an upcharge) to prospective tenants for ease of payment? Or is this opening up a can of worms?
Thanks in advance!