Understanding Renters Kits
A Renters Kit is a curated bundle of services and protections offered to tenants as part of their lease agreement. Typical Renters Kit components include move-in concierge services, ID theft protection, credit reporting, air filter delivery, and pest control. Property managers use Renters Kits to generate ancillary revenue while providing genuine value to residents.
ROI for Property Managers
With Beagle's Renters Kit, property managers earn an estimated $15 per unit per month in profit. The cost to tenants starts at just $5/month, and property managers keep 100% of any markup they add. With zero onboarding fees and no long-term contracts, the ROI is immediate.
What to Include in Your Renters Kit
The most effective Renters Kits include a mix of financial protection (ID theft protection, credit reporting), convenience services (move-in concierge, air filters), and quality-of-life benefits (pest control, renter rewards). Beagle allows full customization so you can build the right package for your residents.
Implementation Best Practices
Successful Renters Kit implementation starts with choosing the right mix of benefits for your resident demographics. Include the Renters Kit as a lease addendum, communicate the value clearly to residents during move-in, and allow optional opt-out where required by local regulations.
