Does This Describe The Utility Billing Situation At Your Multifamily Property?
If you’re experiencing problems with your current utility billing services provider or receive daily and recurring calls from angry tenants, you’re not alone. The following are actual complaints from multifamily owners and property managers regarding their utility companies:
The billing company […]Continue Reading →
Increase revenues without increasing rents
Many apartment owners and property managers are curious about how Ratio Utility Billing Systems (RUBS) are used to calculate resident water and sewer bills. This article includes two videos that explain how to calculate a RUBS water/sewer bill for up to ten (10) apartment units. It also […]Continue Reading →
AmCoBi was recently interviewed by Jessica Fiur, News Editor at Multi-Housing News MHN Online for an article titled “Increasing Revenue, Not Rents, With Utility Billing Systems.” Ms. Fiur discusses how billing residents for their share of the utilities can prevent rent increases and lower overall costs.
The two primary approaches for billing […]Continue Reading →
Find out what you can do about it
When utilities are included in an apartment complex’s rent, some tenants are naturally going to consume more than others. High utility users, even if they represent a small group of tenants, can substantially increase costs. Since these cost increases are effectively hidden in the rent, those residents […]Continue Reading →
MHN provides the leaders of the multi-housing industry with the most current and complete news, information and analysis in print and online to help them run their businesses more efficiently and profitably. The online magazine recently featured AmCoBi’s article titled, “How Much Money Is Your Multifamily Community Losing?”
Click here to […]Continue Reading →
Learn how to protect your NOI
If your multifamily complex includes utilities in the rental fee, brace yourself. Utility cost increases are coming your way that may erode your hard-earned profits. Even more concerning is that you’re responsible for a sizable expense that you have little or no control over. The “utilities included” model puts […]Continue Reading →
If you own or manage multifamily residential units–apartments, condominiums, student housing, affordable housing, manufactured homes, or military housing–you are probably involved in utility billing in some fashion. Utility expenses for these types […]Continue Reading →