Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago,

User Stats

60
Posts
33
Votes
Charles Large
  • Rental Property Investor
  • Brownsville, TX
33
Votes |
60
Posts

All-inclusive rentals - Thoughts?

Charles Large
  • Rental Property Investor
  • Brownsville, TX
Posted

I own a couple of apartment buildings in Mexico City, Mexico, and have been successful leasing with everything included. By "everything" I mean water, electricity, internet, cable/satellite TV, renters insurance and burglar alarm service. This helps me as follows:

a) I make 20% on all services provided.

b) If a tenant is late with rent (which occurs rarely) I shut down all the services!

c) Tenants avoid having to pay for deposits on services.

I also collect rent every 2 Fridays. Which is an additional 1/2 month per year for me, but renter's perception is that they are simply paying for all the services and rent in a comfortable bundle.

Do you think that this is achievable in Texas? I closed on 3 properties (19 units) and am in the rehab stage.

I look forward to hearing your thoughts on this concept!

Thank you.

CL.

Loading replies...