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Updated almost 9 years ago, 01/21/2016

User Stats

60
Posts
15
Votes
Charles Terrizzi
  • Jacksonville, FL
15
Votes |
60
Posts

Should I include high speed internet in the rent?

Charles Terrizzi
  • Jacksonville, FL
Posted

This would be in order to avoid the build up of ten thousand different cables, dishes, etc over the course of ownership. (from different providers coming in)

User Stats

6,776
Posts
7,305
Votes
Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
7,305
Votes |
6,776
Posts
Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
Replied

No , it could be abused 

User Stats

60
Posts
15
Votes
Charles Terrizzi
  • Jacksonville, FL
15
Votes |
60
Posts
Charles Terrizzi
  • Jacksonville, FL
Replied

if it's included in the rent, how could they abuse it?

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Account Closed
  • Rental Property Investor
  • Bayonne NJ
2
Votes |
18
Posts
Account Closed
  • Rental Property Investor
  • Bayonne NJ
Replied

Yes its a great incentive, and is it really high speed, are you paying for high speed ? or is it standard wif? regardless adding cable and internet would be a great incentive for the teneant espeacilly if you have competition and rent is not too much of a difference from your competitors or similar rentals in the market. 

Account Closed
  • Rental Property Investor
  • Bayonne NJ
2
Votes |
18
Posts
Account Closed
  • Rental Property Investor
  • Bayonne NJ
Replied

and to add to that, if the numbers work and you casflow is still positive go for it. If not and your close to breaking even, let  them get thier own service. hope this helps. 

Steven 

User Stats

3,930
Posts
3,340
Votes
Max T.
  • Investor
  • Philadelphia, PA
3,340
Votes |
3,930
Posts
Max T.
  • Investor
  • Philadelphia, PA
Replied

what if your tenants do something illegal - pirating copyrighted material or hacking? its a nice idea but I'm not sure it is worth the risk.

User Stats

60
Posts
15
Votes
Charles Terrizzi
  • Jacksonville, FL
15
Votes |
60
Posts
Charles Terrizzi
  • Jacksonville, FL
Replied
Originally posted by @Max T.:

what if your tenants do something illegal - pirating copyrighted material or hacking? its a nice idea but I'm not sure it is worth the risk.

 That is a good point, not sure I want anyone downloading all the things one can download and having my name attached to the account....best argument against.

User Stats

5,544
Posts
2,363
Votes
Jeff B.
  • Buy & Hold Owner
  • Redlands, CA
2,363
Votes |
5,544
Posts
Jeff B.
  • Buy & Hold Owner
  • Redlands, CA
Replied

Could be an added source of income, just like laundry.

Owner installed service and wired access to each unit - - for a fee.

User Stats

382
Posts
258
Votes
Jonathan G.
  • Investor
  • Marietta, GA
258
Votes |
382
Posts
Jonathan G.
  • Investor
  • Marietta, GA
Replied

I would say no.  Internet periodically goes down and companies require your direct input .  Often we are on hold greater than 20 min for trivial issues.  Why invite that hassle into your day on someone else's behalf. Dishes and wires can be removed but your time is never recoverable .  Let your tenants handle their own utilities / services.  

User Stats

285
Posts
141
Votes
Lee L.
  • Investor
  • Los Angeles, CA
141
Votes |
285
Posts
Lee L.
  • Investor
  • Los Angeles, CA
Replied

I say no. I don't want the hassle of dealing with their internet when it goes down. I tell them that Time Warner Cable has a deal for $15 a month.

User Stats

481
Posts
313
Votes
Matt R.
  • Blue Springs, MO
313
Votes |
481
Posts
Matt R.
  • Blue Springs, MO
Replied

You might consider installing empty conduit, with pull boxes as needed, from the place where the wires come up to the building to the individual unit(s).  That way, if a tenant switches providers, all the new provider has to do is run new cable through the conduit, rather than attacking the property with 2" hole saws.  :)  You may need to be there in person to show the 18-year-old kid how to pull a wire through the conduit, though.

Dish and DirecTV have an "antenna mount" that is basically an angle-iron frame about three feet square with a post in the middle for the dish.  You lay the frame down, somewhere where the dish can see the sky to the south, and then put cinder blocks on the frame to keep it there.  This can live on a flat roof, or on the ground next to the building.  This avoids having lots of holes in your roof.