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Make RUBS Part of Your Long-Term Wealth-Building Strategy

Posted by Content Director on May 27, 2021 2:46:27 PM

After years of upward momentum, the national rental market took a definitive slide during the pandemic as many tenants bunked with family and friends to both save money and have some companionship during long shelter-in-place orders. One out of every 14 multifamily properties in the U.S. saw occupancy drop by 5 percent or more between April 2020 and April 2021, according to a study of Yardi Matrix data.

How to Control Costs as Utility Rates Rise

Posted by Content Director on May 5, 2021 11:59:50 AM

Property owners nationwide should anticipate across-the-board utility increases in 2021, with some jurisdictions expected to see double-digit rate hikes. Yet there are proactive steps owners can take now to hedge against these additional expenses. 

Oregon Is Just the Beginning

Posted by Content Director on May 14, 2019 4:36:18 PM

Like many property owners, I was shocked when Oregon became the first in the nation to pass statewide rent control. Overnight, housing providers throughout the state had to deal with a new set of restrictions on when and how much they can raise rents, as well as major new limits on no-fault evictions.

Supporting Statewide Sustainability

Posted by Content Director on May 14, 2019 4:33:56 PM

Over the last few years we’ve seen financial incentives have a huge impact on making sustainability appealing and accessible for a wide variety of property owners. For example, there is no doubt that California’s comprehensive tax credits and other incentive programs contributed to the boom in solar power over the last five years or so.

Time to Take It Outside

Posted by Content Director on May 14, 2019 4:30:31 PM

The winter is the only time of year when some property owners actually look forward to receiving their water bills. Thanks to the season’s heavy rains, there is no need to water outdoor plants, bringing monthly totals down substantially from the dry summer highs. 

Rain, Rain, Don’t Go Away

Posted by Content Director on May 14, 2019 4:26:14 PM

After a supremely stormy January and an even wetter February, it can be tempting to wish for an early end to our annual rainy season. But given the relatively dry November and December we saw, the 580 billion gallons of water we got statewide last month was exactly what we needed to bring us back to normal levels, according to a report from the San Jose Mercury News. We’ll need more of the same this month to keep us out of drought conditions this summer, but it’s anyone’s guess what lies ahead. 

Get Energized for Renewables in 2019!

Posted by Content Director on May 14, 2019 4:17:45 PM

In 2018, the California legislature passed several laws that encourage the sustained use of renewable energy sources. Most pertinent to property owners is Senator Scott Wiener’s SB 700, which extends the state’s Self-Generation Incentive Program (SGIP) to 2024 and expands the beloved rebate program to include up to $800 million for energy storage equipment. “SGIP supports the deployment of solar, wind turbines, microturbines, fuel cells, energy storage and other distributed energy technologies by utility customers,” according to an article on the bill’s passage in Energy Storage News.

Monthly-tip

Smart saver tip of the month

Insulating water pipes is a quick and inexpensive way to lower water-heating costs. The easy upgrade reduces heat loss and allows you to lower your buildings’ water temperature setting by two to four degrees. Plus, since water doesn’t take as long to heat up, less of this precious resource is wasted waiting for faucets and showers to get to the appropriate temperature.

On smaller buildings, this is a definite DIY job that should take less than a day to complete. Check out the U.S. Department of Energy’s website for a comprehensive shopping list and step-by-step instructions.