While that number may surprise you, the fact of the matter is that new leaks are constantly occurring—and your tenants won’t always know that they are.
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Water is one of the highest utility costs landlords face, and it’s impossible to control this expense as no one can tell tenants what to do behind closed doors. So, as a landlord, it’s worth doing everything you can to keep your water bills manageable.
What do Sony Playstation, the sitcom Friends, and water saving toilets have in common?
All were launched in 1994, and all were significantly improved upon in the years that followed.
Water efficient fixtures promise a lot—it's easy to see why they are so popular.
After all, who wouldn't want to help the environment without having to do a thing? And what landlord wouldn't want to save money with minimal effort?
Being a landlord is tough. You’re the individual responsible for your tenants’ comfort, safety, and welfare. At least as far as the housing goes.
Being a property manager isn't always easy.
Oftentimes you're extinguishing one fire after the next: The tenant in 409B is complaining about excessive noise violations (again).
Managing a high rise building involves many moving parts. Perhaps, the most important of them all? Keeping operating expenses low.
Historically speaking, tenants dislike property managers and property managers dislike tenants. Visit any rental forum online and you'll find no shortage of tenants complaining about management.