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Updated over 10 years ago on . Most recent reply

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Al Williamson
  • Rental Property Investor
  • Sacramento, CA
1,235
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Making Money with Smart Tags IoT

Al Williamson
  • Rental Property Investor
  • Sacramento, CA
Posted

@Roy N. and other brilliant BP'er

Are we at the point where we can operate a staff-less rental store?

Can I place a smart tag on a vacuum cleaner that's kept in an apartment building's 1st floor laundry room, allow tenants on the 1st and 2nd floors to borrow it, then accurately bill them per hour?

If possible, how much would it cost to set this up?

Most Popular Reply

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Connor Smith
  • Buffalo, NY
22
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49
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Connor Smith
  • Buffalo, NY
Replied

@Al Williamson I think you could probably do this by having some kind of lock box and giving each tenant a specific code that they could use to unlock it and it could record how long the vacuum was gone after each tenant checked it out. But it also sounds like a huge hassle and I bet the vacuum would be getting broken all the time and the tenants would figure out some way to break the lock box. Personally, I would not want to deal with the headache of dealing with it and the limited profit you would make.

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