Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
Rehabbing & House Flipping
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 8 years ago on . Most recent reply

User Stats

12
Posts
0
Votes
Cameron Sigurdson
  • Real Estate Agent
  • San Diego, CA
0
Votes |
12
Posts

Generating top dollar in rental markets with perks (Advice)

Cameron Sigurdson
  • Real Estate Agent
  • San Diego, CA
Posted

Hi everyone, first post here so I was unsure of where to put it so if it needs to be moved I understand. 

I am looking at 2 properties here in Southern California to purchase a rent. I am looking for some insight as to what helps owner get top dollar for their rentals. 

  • Washer & dryer included
  • Refrigerator included
  • electricity included
  • water included
  • furnished apartments

Have you found that it's easier to rent a property for top dollar when these amenities are included in the monthly rent?

I ask this questions because in Brooklyn, NY I see a lot of rentals that include utilities etc.

What are some of the perks or amenities you include to get the best price per unit?

Thanks for the insight!

Most Popular Reply

User Stats

13,926
Posts
12,725
Votes
Replied

I personally would never invest in a property that is not individually metered. I would never include utilities in the rent because tenants that do not pay utilities could care less what they use or what it costs.

A bad tenant can easily run up utilities into thousands of dollars a month if they choose to "get even" with a landlord, move in multiple family members or operate a laundry business out of the unit. Professional tenants inclined to setting up grow-ops also target properties with utilities included. Never wise in this business to include utilities.  

Loading replies...