47 Ideas to Boost Income at Your Property

Education · · 1 min read

  1. Complete a Market Survey and Bring Rents to Market

  2. Upgrade Units and then Bring Rents to Market

  3. Offer Cable

  4. Property Wifi

  5. Implement or Enforcing Pet Fees

  6. Implementing or Enforcing Parking Space Leases

  7. Implementing Parking Space Leases

  8. Implement Visitor Parking Program (Offered by Tow Truck Companies who will sometime restripe for free for you as well.)

  9. Implementing Covered Parking

  10. Charging for Premium Views or 1st Floor

  11. Amenity Package Fees

  12. Concierge Trash

  13. Walmart In Home through Homebase.ai

  14. Technology Packages

  15. Automated Vending Machines

  16. Laundry Income

  17. Install In Unit W/Ds

  18. Implement Marketing Funnels to Boost Occupancy

  19. Implement Long Term Storage in Unused Parking Lot

  20. Allocate Units to Short Term and Corporate Rentals

  21. Enforce Application/Late Fees/Early Termination

  22. Implement Bike Storage in Urban Areas

  23. Build or Convert Additional Units

  24. Replace Deposits with Move In Fees (Combine RHINO)

  25. Resell Renters Insurance (Appfolio)

  26. Automatic Renewal Escalation in Leases

  27. Costco Resident Referral Program

  28. Eviction Hold Off Fee

  29. Sell Moving Boxes

  30. Affiliated Moving Services

  31. Sell Cleaning Services/Supplies

  32. Dog Walking Services

  33. Tool Rental

  34. Furniture Rental Packages

  35. Moving Kits

  36. Sell Ads on Sign in Leasing Office

  37. Credit Repair (RentPlus) Services

  38. Havenly Interior Design Affiliation

  39. Resident Newsletter Ad Space

  40. Rent Locker Space to Amazon

  41. Move in Assistance/Electronics Setup

  42. Offer Move in Gift Trial of Subscription Boxes

  43. Sell Furniture Showcased in Office

  44. Amazon Affiliate Account

  45. Offer Business Center as Coworking Space

  46. Energy Star Rebates on Appliances

  47. In House Market Center for Basic Necessity

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