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Updated over 10 years ago,
Stop Cable TV vs Raising Rents
Hi BP,
I'm considering to stop cable tv subscription on my 14 unit rental. It costs about $500 per month. The previous owner set this up and I'm wondering if this is a common practice for multifamily rental.
I am debating whether I should just keep the cable and raise rents for $35 per unit or just don't provide cable.
Property management seems to favor raising the rents and keeping the cable (they are paid on a fixed amount, so I don't think they will benefit from raising rent).
What would you do in this situation?
Thank you