Revenue streams for rental property Washers and DryersBuy some coin-op machines and collect and repair them yourself. (You must depreciate the cost of these appliances over time.)Lease the machines. (The entire lease payment is deductible.)Split the revenue with a laundry vendor. In many cases, vendors own the machines and are granted space in the laundry facility and provided with hookups – the vendor does everything else.Storage Space If you have the land available, you can build separate storage units or garages that provide both storage and covered parking.Rental FurnitureMany young renters don’t have much furniture, nor do they want to be stuck with too much. You can rent furniture to these residents, making life more convenient for them while pocketing some revenue for yourself in the process.Vending MachinesSmartphone charger cables and headphones.CoffeeToilet paperSoapTylenol/aspirin/feminine hygiene productsCharge a Pet FeeIt’s usually a relatively easy matter for a landlord to tack on an extra rent charge of anywhere from $10 to $50 per month to accommodate a pet.AdvertisingYour property could be home to a billboardTelecom and Media DealsLandlords are essentially becoming distributors for these media companies – and taking a cut of revenues on the back end.Build CommunitiesIf you can build a community, encouraging your tenants to connect with each other, it will make it tougher for your good tenants to leave.Wine and cheese eventsConcerts or movie nights in the common areasFood truck eventsPizza nightsBarbecuesRaffles and contests