If you own rental units in California, you have likely heard that California has passed statewide rent control, beginning January 2020, but retroactive to March 2019. The rate you were charging California residents on March 15, is the base rate for your increase cap....
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...
Summer is coming, and you know what that means, your budget is about to take a hit for increasing water and electricity. If you’re still flat-rate billing, or your billing provider isn’t putting you first, please download our new ebook. We compiled our...
Water submeters can save property owners a lot of money, prevent headaches, and avoid costly repairs. Learn how submeters helped quickly detect a leak caused by a resident’s cat. Alexis and David had been together for three years and lived together for one. They...
Sometimes we hear expensive stories. Here’s a great example one of our salespeople shared of submetering saving a property owner a lot of money. Kevin moved into a high-rise building in downtown San Francisco. The place was fantastic, it was close to everything...
I don’t know anyone who doesn’t think their utility expenses are too high. I recently examined my own utility bills and discovered I pay, as a single person, an average of $335 per month for electricity, gas, water, and trash/sewer. I started to really think about...
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