Beyond the basics, such as dishwashers or garbage disposals, perks and amenities are part of every rental property to reduce tenant turnover and attract prospective tenants. With the rise of technology and the transformation of work, internet connectivity has been an essential amenity to survive in today’s world. So, why not offer WiFi Internet access to tenants?
Free or monetized Wi-Fi and Internet services are attractive features, but you might be thinking “Is it really worth it, or will it add another headache?” Many residential buildings and multi-dwelling units (MDU) in Houston, as you may have noticed and experienced, already provide Wi-Fi and Internet services in common areas such as lounges, cafes, and gyms; additionally, some property managers provide Wi-Fi and Internet in their managed units.
Providing Wi-Fi and Internet services, whether free or monetized, has several benefits. Let’s briefly discuss some of them in this article.
Why provide Wi-Fi or Internet services in your rental home?
- Attract and retain tenants as renters want high-quality services and technology to stay connected.
- Gain a competitive edge as this rental feature will make your property stand out from the crowd.
- Let’s do the math, an additional internet service fee per unit can generate more revenue per month.
- Convenience for both owner and tenant, especially if an online payment system is set up for collecting monthly rental payments.
While providing Wi-Fi or Internet service options is a great incentive to differentiate your rental property, there are still property owners who are hesitant to explore this feature because of their personal misconceptions. Of course, this property feature is still an option, but if you think of it, almost everything we do requires online access, and it can be relatively harder to get by without it. People began working from home during the pandemic, and some started hybrid work when the restrictions eased out. In addition to that, renters are filtering property listings by whether or not the property has broadband or Wi-Fi on site.
So, if you’re thinking of making your rental property internet “ready,” do your research or talk to a property manager. Your rental setup and the number of tenants are just some of the factors that will determine the type of internet plan perfect for your rental property, and whether it’s included in the rent or is chargeable to the tenants.
Work with Apogee Properties
Apogee Properties is Houston’s Premier Property Management Company. We work and live in Houston, and our property managers are local. We’ve been in business for more than a decade, providing comprehensive property management services in the Houston region, ranging from a studio condo to a multi-family million-dollar estate. Contact us to learn more about our property management services, and what we can do for you and your rental property.
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