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

May 28, 2024 · 19m 14s
Don't Let Utilities Ruin Your Cash Flow With Kelly Koontz (Ep 471)
Description

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...

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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
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Author Rental Income Podcast
Website rentalincomepodcast.com
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