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Updated almost 2 years ago on . Most recent reply

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737
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Logan M.
  • Investor
  • Provo, UT
620
Votes |
737
Posts

Community Internet as an amentity

Logan M.
  • Investor
  • Provo, UT
Posted

I have two different soon a third property where I will be providing internet to the residence. 

Here are a few pros and cons:

PROS

-Can charge more via a Tech Package, this can include TV as well.

-Easy for tenants to come and go as needed

-Bulk pricing allows for you to provide internet at a lower cost per person.

-You can use the internet yourself for cameras, lights and anything else on Wifi.

CONS

-If it goes out it is your responsibility and people get crazy when they can't play xbox

-In some cases, it costs a lot to get set up since you are covering a large area.

-Coverage is your responsibility since you are providing this to all of your tenants.

-Some more rural areas don't have a good provider.

Most Popular Reply

User Stats

139
Posts
71
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Craig Parsons
  • Contractor
  • Orofino ID, Hollister CA
71
Votes |
139
Posts
Craig Parsons
  • Contractor
  • Orofino ID, Hollister CA
Replied
Quote from @Dave Rav:

@Craig Parsons trick?  Nobody is tricking anyone.  If anything, the real "trick" is providing a service to someone at no-cost, then having to pay the repair bill when the infrastructure for that free service breaks or when performing regular maintenance (pumpouts).

Family size is definitely a consideration.

When was a tenant, I cant recall anything being provided for free.  That would be like saying, "hey you have all these extra parking spots, let me just park all 5 of my cars in your parking spots.  After all , the spaces are just there anyways, right?"

Wrong.  Number 1, it's their property and they determine its use.  Number 2, there was a cost associated with setting up that amenity.  And number 3, there is value in extra parking! (ie, you can - and should- charge for that)


Point taken I think i need to ponder that one for a while.

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