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5 April 2024 | 0 replies
Smart property management systems leverage IoT (Internet of Things) devices for real-time monitoring and management of property conditions, from energy usage to security systems.
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5 April 2024 | 5 replies
I would look into these guys https://www.submetersolutions.com/If that doesn't work, just split the usage based off square footage and charge the tenants in proportion to that - not 100% accurate but good enough.
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3 April 2024 | 9 replies
Expenses are going to vary based on the unit size and configuration, how many people are staying there and what their usage of the property is.
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4 April 2024 | 32 replies
This actually was kind of a "bad luck" apartment...after I got that person out and reno'ed the unit, my next tenant in there seemed to be racking up huge electrical usage.
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1 April 2024 | 5 replies
Hello,
I used a portion of my HELOC a couple of years ago to invest in a property development. That property won't sell for another couple of years and I messed up and didn't lock in when rates were low and am now pa...
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2 April 2024 | 2 replies
You can usually get the water company to remove the sewer portion of the bill once a a leak is repaired as it will demonstrate to them that the usage you're complaining about didn't discharge into the sewer.
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1 April 2024 | 14 replies
Here's a solid article on it's usage: https://gokcecapital.com/lette...Hope this helps.
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31 March 2024 | 1 reply
So, for those utilities its usually better to either include them in the rent (if they are flat fee) or possibly to bill them back (if based on usage).
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2 April 2024 | 58 replies
I had to pay an extra fee for the potential additional sewer usage - but did not have to install a separate line.
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29 March 2024 | 7 replies
In a situation like that I think you are doing the correct thing in billing back the tenant because the utility is based on usage and not a flat fee that you can bake into the rent price.