Utility cost recovery is critical to maximizing a multifamily property’s NOI. Non-payments (and late payments) impact cash flow and the homeowner or property manager’s ability to properly budget. Of course, a number of factors impact utility cost recovery. But...
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4 Common Utility Billing Mistakes That Hurt Your Bottom Line
In a world of softening rental markets and rising utilities, utility cost recovery is essential to your bottom line! Even a simple mistake in your billing system can end up costing thousands. Avoid these four common utility billing errors to keep your...
Leasing: What A Property Manager Needs To Know About Rent Control
Rent control refers to legislation restricting rental rates in a city or state. The maximum rent that can be charged for a unit and the amount that the rent can be increased per year varies per municipality. Cities use rent control laws to regulate the housing market....
Save Money On Utility Bills With This Internet-enabled device
What is a Ratio Utility Billing System? (RUBS) Simply put, RUBS divides utility bills among residents of a property based on predetermined criteria. A cost-effective solution for property owners to recoup expenditures while also proportionately sharing conservation...
Stay Cool This Summer
As we hit the warmest months of the year, it’s a good time to remember that cooling down an apartment can really heat up energy bills. Luckily, some of the easiest ways to lower cooling costs are also some of the least expensive. Just keeping blinds and curtains...
Celebrate Earth Day from the Comfort of Home
April 22 marks the 51st celebration of Earth Day, a time to focus on changes big and small that we can make to help protect our planet. While group gardening gatherings are likely still out for this year, there are a lot of ways to celebrate the day from the comfort...
“Kondo” Your Closets for a Cause
Spring is definitely in the air, and that means it’s time for a closet clean out. Whether some things aren’t “bringing you joy” or you’re simply running out of space, now is a good time to say, “Out with the old and in with the new.” But before heaving unwanted items...
An Exclusive Discount on Eco-Friendly Cleaning Products
Here at Livable, we love finding out about the coolest new green products. That’s why we’ve partnered with Clean + Green to bring our residents an exclusive discount code for their eco- and pet-friendly cleaning supplies. Simply go to becleanandgreen.com and enter the...
Stylish and Sustainable Drinkware
At this point everyone has at least one (and probably a lot more) reusable bags. But there are many other ways to replace boring and unsustainable single-use items with reusable versions that have more style and the added benefit of keeping plastics out of our waste...
How Recycling Can Help Upgrade Your Workout Routine
One of the easiest ways to save money and resources is to buy major workout gear second-hand. Many people buy brand new treadmills or exercise bikes only to let them sit gathering dust, and will be more than happy to sell them via Craigslist or Facebook Marketplace at...
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Sarah Thompson
Business Consultant