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Don't Let Utilities Ruin Your Cash Flow With Kelly Koontz (Ep 471)

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Manage episode 420669993 series 2394668
Content provided by Rental Income Podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Rental Income Podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
As an investor, if you have to pay for utilities, it can kill your cash flow. Having a utility company submeter each unit isn't always an option, and if it is, it can be costly.
On this episode, Kelly shares a unique way to submeter buildings, without involving the utility companies.
A meter is placed in the building that measures usage for each tenant.
The landlord can then bill each tenant for their actual usage.
Kelly talks about the cost of installing the meters, ongoing costs, and how the usage and rate data is compiled.
https://rentalincomepodcast.com/episode471
  continue reading

502 episodes

Artwork
iconShare
 
Manage episode 420669993 series 2394668
Content provided by Rental Income Podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Rental Income Podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
As an investor, if you have to pay for utilities, it can kill your cash flow. Having a utility company submeter each unit isn't always an option, and if it is, it can be costly.
On this episode, Kelly shares a unique way to submeter buildings, without involving the utility companies.
A meter is placed in the building that measures usage for each tenant.
The landlord can then bill each tenant for their actual usage.
Kelly talks about the cost of installing the meters, ongoing costs, and how the usage and rate data is compiled.
https://rentalincomepodcast.com/episode471
  continue reading

502 episodes

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