General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
Additional Income Streams for Rental Properties
Hello BP Folks,
As the interest rates rise, we are all seeing downward pressure on cash flow. To address that, I am exploring additional income streams that will boost income for my properties.
These are the specific ideas I am thinking about now:
1. Solar (to reduce utility)
2. Inline water meter for every unit (to reduce utility)
3. ATM Machine (inside the property or facing the street - street has more foot traffic)
4. Vending Machines (inside the property or facing the street - street has more foot traffic)
What do you think about these above ideas?
Most importantly Any other opportunities to generate Additional Income Streams?