10 Most Commonly Collected Types of Ancillary Income
Multifamily Insiders has conducted a research study on apartment communities’ use of ancillary income and here’s their list of the top 10 most commonly collected:
Here are the 10 most commonly collected forms of ancillary income: (Percentage shows percent of responders who collected that type of income).
Application Fees | 92.09% |
Late Fee | 87.05% |
Pet Rent | 82.73% |
Early Termination | 71.94% |
Month to Month Fee | 67.63% |
Water | 58.99% |
Parking/Garage Fees | 54.68% |
Admin Fees | 53.96% |
Trash | 53.24% |
Washer/Dryer | 42.45% |