Real Estate Agent · Salt Lake City, UT · Member since 2016 · 214 posts · 154 votes
Hi All,
We're investing in our first property, a fourplex, only at offer acceptance. Still need to do inspection. I was thinking about additional revenue streams besides rent and wondered if anyone has tried reselling a cleaning service to their tenants. Basically, I'll work out a deal with a cleaning service for the units and then offer the service to the tenants at a small markup.
Anyone tried that? Would love your feedback.
Cheers,
Alan
Investor, Entrepreneur, Educator · Springfield, MO · Member since 2009 · 21k+ posts · 12k+ votes
10y
You make your money from the bulk arrangement with the cleaning company, don't have the tenant pay more for what the company's service would be.
Understand too, charging in any manner puts the liability on you as well as the cleaning company. Your city may consider this another business line and require a business license too.