Today the news reported that 30 million people have filed for unemployment amid the coronavirus pandemic. For your residents who may have worked outside the home, this month may bring utility bills much higher than their normal bills. If you have a utility billing...
Here at Multifamily Utility, we’re more than a little obsessed with reducing utility expenses and encouraging conservation efforts. When it comes time to give your property a little facelift, here are some ideas to consider: High-CFM ceiling fans On a recent shopping...
Written by Kate Forsyth, Mid-Atlantic Regional Manager Rubber stamping electric bills is a secret no one wants to talk about; not you, not the company you work for and certainly not the utility company who bills you! Multifamily electric usage accounts for...
Written by Kate Forsyth, Mid-Atlantic Regional Manager Researching rate increases can be confusing and overwhelming even to hardened experts, especially if you need to do this for multiple sites. Here’s my strategy to make sure I get as close as possible to the...
One of the questions multifamily owners ask most involves how to increase NOI. Big Improvements to NOI Among the biggest wins is to make sure as many of your utilities as possible are individually metered. Submetering accurately divides the master utility usage among...
Let’s say you have a multifamily property and one water meter for the building. Residents pay their own gas and electric, but you pay the water bill and have always just factored water in when you calculate your rental rates. The water bill keeps getting higher, but...
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