Ancillary Income in Property Management

Ancillary Income in Property Management refers to the revenue from services or amenities provided to tenants beyond standard rent. This increases a property’s profitability without directly increasing rent. Some of the examples of ancillary income include laundry facilities and parking fees.

Ancillary income reminds us of popcorn at the movies. Although they are not part of the ticket, they contribute to the revenue of a movie theatre.