Bulqit pitches recurring home services as the next HOA revenue stream

Bulqit says neighborhood-wide recurring services can create new non-dues revenue for HOAs, while also giving homeowners simpler service management and providers denser routes. The Chicago company is positioning its platform as a follow-on to the telecom revenue-sharing model that has long funded community amenities and reserves.

Why it matters: - HOAs and residential communities have long used telecommunications deals to generate recurring non-dues revenue. - Bulqit is trying to apply that same model to everyday home services, from lawn care to pest control, to create a new revenue stream for communities. - The approach could also lower costs and improve route efficiency for service providers while simplifying service management for homeowners.

What happened: - Bulqit outlined a business model built around organizing recurring neighborhood demand for home services. - The Chicago-based company said its platform is designed for HOA communities, builders, HOA management companies, homeowners, and service providers. - Founder and CEO Keegan J. Bonebrake said telecommunications showed that communities create purchasing power by organizing demand. - Bulqit said homeowners, homeowner associations, builders, service providers, and HOA management companies can learn more or register at Bulqit.com.

The details: - Bulqit's HOA Revenue Share Program gives participating homeowner associations a recurring share of platform revenue generated by homeowners who voluntarily buy recurring services through Bulqit. - Associations can direct those funds to reserves, amenities, capital improvements, technology, neighborhood events, or other board priorities. - Bulqit said it is built as a modular technology platform that can organize virtually any recurring neighborhood service where collective demand creates operational efficiencies. - The platform currently focuses on outdoor recurring services, including lawn care, pest control, pool maintenance, pressure washing, window cleaning, exterior cleaning, and mobile car washing. - Bulqit said the same model could later expand into neighborhood internet, wash-and-fold laundry, dry cleaning pickup and delivery, pet services, seasonal maintenance, vehicle services, and other categories. - Before founding Bulqit, Bonebrake founded Everywhere Wireless and negotiated hundreds of community-wide telecommunications agreements, including revenue-sharing partnerships between service providers and residential communities. - Bulqit said single-family neighborhoods create efficiencies through geographic density, which can reduce travel time, improve route density, lower customer acquisition costs, and create more predictable recurring business for vendors.

Between the lines: - Bulqit is framing recurring home services as infrastructure, not just convenience. - The pitch is that when neighbors buy the same services together, the economic value should be shared among homeowners, providers, and the community itself. - That framing mirrors the telecom playbook, but Bulqit is shifting the opportunity from connectivity to neighborhood commerce. - Bonebrake said Bulqit's vision is to build the infrastructure for neighborhood commerce.

What's next: - Bulqit said the platform could expand beyond outdoor services as more recurring categories fit the neighborhood-purchase model. - The company is targeting broader adoption across single-family communities, where HOA boards, builders, and management companies could use the model to add value after closing. - The company expects the platform to support a growing ecosystem of neighborhood-based recurring services over time.

The bottom line: - Bulqit is betting that the next HOA revenue opportunity is not broadband, but the recurring services homeowners already buy every month.