Submetering: The Key to Fair and Accurate Utility Billing
Автор: RPOAM Real Estate Investor Podcast
Загружено: 2024-07-26
Просмотров: 272
Описание:
#propertyinvestment #realestatestrategies #realestateinvestingeducation
Watch the full episode here: • Boost Your ROI: Submetering Your Rentals w...
Rental Property Owner & Real Estate Investor Podcast | Episode 447
One of the biggest expenses in owning rental property is the cost of utilities—electric, gas, water, sewer and trash.
The better we understand these costs and how to control them, the greater our profit potential can be.
Often, tenants are responsible for paying their own utilities, but many owners pay these costs on behalf of the tenants because of how the systems are split and billed by the various providers.
Today, we discuss how owners can maximize ROI through submetering (the practice of installing individual meters for utilities (such as water, electricity, or gas) in rental units or properties) and utility billing with Kelly Koontz, President of Submeter Solutions.
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Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.
https://www.livegreenlocal.com
And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.
https://www.rcbassociatesllc.com
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The Rental Property Owner & Real Estate Investor Podcast is sponsored by the Rental Property Owners Association (RPOA)—Michigan's largest REIA. Helping real estate investors find success since 1968.
Become a member today!
https://rpoaonline.org
/membership
• Free online leasing and real estate forms
• Access to full credit report services
• Free limited legal advice
• Free technical assistance through the RPOA office
• Contractor supplier list
• Subscription to the Michigan Landlord magazine online
• Huge discounts and rebates from local and national retailers
• Online knowledge base
• Weekly e-newsletter on issues impacting the industry
• And more!
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