What is other income?
Ancillary revenue beyond base rent: parking, laundry, pet fees, application/admin fees, storage, utility reimbursements (RUBS), and vending/telecom revenue-share.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.