I am negotiating a “bulk rate deal” with my local cable provider for hi speed internet and cable package for my 200 lot park. The cable company is charging me $X, and I’m passing thru the charges to tenants via rent increase.
A rent bump of $X is very high, but the resident is saving 2X (assuming they have cable/internet currently). Say cable usually cost $150. I am billing residents $50 (pass thru), and passing thru as a rent increase. Typical resident is saving $100/mo.
From a marketing standpoint it’s an easy sell, but I am sure there are war stories out there from park owners. I’d love to hear them!