I'VE GOT A RENTAL... NOW WHAT?

[Tim Wade]

Hello BP Community,

I'm working my way through the "9 steps to own a rental property" video series and I've purchased one house already (I know, reverse order).

The question I'm now thinking on is "alternative or supplemental income".  I never thought of this until the video on income but now I'm curious if the community has stumbled on any good/reliable additional income streams to couple with a rental property.

I've come up with laundry and parking (assuming you buy a place with extra spaces and are urban enough that these are valuable) but what else are people doing out there?

Thanks for any comments or ideas! 

Cheers

Tim

[Arissa Pedroza]

Parking (covered, garage or premium parking)

Trash

Laundry

Vending (with multi units)

Water

Late Fees

Admin Fee when applying

Pet rent

Pet fee - non refundable