Latest stories on rental

When to Hire a Property Manager and What to Look for If You Do

Posted by Livable Content Team on May 3, 2023 7:57:04 PM

Managing a property is time-consuming, especially if you own multiple properties or live at a distance from your assets. Many property owners see their rental income as a means to enjoy their lives, rather a full-time job of maintenance and problem-solving. If you see owning property as the means to more leisure time, hiring a property manager is essential.

A professional property manager handles everything from rent collection to maintenance, making your life easier and freer, with fewer headaches. But not all owners need a property manager and not all property managers are created equal. The big questions you need to answer before making that investment are “When is it time to hire a property manager?” and “What should I look for when hiring one?”

Renter's Insurance: Covering Their Assets

Posted by Livable Content Team on Apr 6, 2023 12:11:57 PM

You’ve seen ads for rental insurance. But do you know what it covers OR if you can require tenants to get it? 

Rental insuranceis a specific type of policy that covers possessions within the home as opposed to the home itself. It is highly beneficial to your residents in the event of flood or similar disaster since you are not responsible for damage to personal possessions - only the property itself. Some property owners may requiretenants to obtain rental insurance. Even if you don’t require your residents to have renal insurance, you can advise them to get it. 

Choose Gardens Over Lawns for a Healthier Community and Planet

Posted by Livable Content Team on Mar 22, 2023 11:31:52 AM

Single-family homes, duplexes, multifamily complexes and businesses have traditionally fought for idyllic lawns with the aim of causing envy among neighbors and passersby. But at Livable, we think we have a better idea! 

It’s time to level up and consider trading the battle of lawn envy for a healthier, more colorful and more sustainable option: building a garden. Replacing lawns with gardens is a fantastic option for a better environment and overall way of living. Check out our reasons for installing a garden over the manicured grass, plus suggestions for the kind of garden you could opt for. Now is the time to start planning for an amazing garden this summer! 

Utility Billing: The Country’s Most and Least Expensive Cities

Posted by Livable Content Team on Sep 2, 2021 12:00:00 PM

“At Livable, our goal has always been to help save the environment while also saving apartment owners money by making residents responsible for their utility usage. We have seen that making tenants more aware of their usage can create significant savings. But just how much those savings might be can vary greatly by location, depending on local utility rates. With that in mind, read on to find out where your city ranks in the below list of most and least expensive utility costs”  - Daniel Sharabi - CEO

 

Water 

Apartment List showed in 2021 Honolulu in the top spot with an average of just under $90, with second-place Oxnard, California coming in at $83. The West Coast dominates the list of the most expensive average water bills in the U.S. as of 2021 - San Diego took the third-most-expensive spot with $79. San Jose, Sacramento, Seattle, San Francisco, Stockton and Portland all made it into the top ten as well. In the tenth position, with an average water bill of $63 per month, Virginia Beach was the only East Coast city to break into the top ten.

 

The East Coast tended to be among the cheapest places for water bills, with Upstate New York leading the way. Albany had the least-expensive average water bill at just over $20 a month, but Syracuse, Rochester and Buffalo all had water bills under $30 a month as well.

 

Gas 

Honolulu also took first for the most-expensive gas bill and was the only city in the survey to break $90 a month for this utility. Other than that, most of the other most-expensive gas cities were in colder cities since gas bills are often an indication of high heating costs. Detroit, Buffalo, Omaha, Chicago and Boston all had average gas bills above $80 a month. 

 

Electric

Electricity was by far the biggest single bill in all markets and the only utility that didn’t seem to follow a particular geographic pattern. Birmingham, Alabama took the top spot with an average electric bill close to $200 a month. Augusta, Georgia and Memphis, Tennessee all had bills that came in around $180 a month, which we can assume is due in part to higher cooling costs in the south. Connecticut also had several cities in the top ten, because electrical transmission rates are higher in the Northeast, as are land costs for building power plants. Boise, Idaho had the lowest total average utility bill at $186.

 

Due in large part to its $184 a month average electric bill, Bridgeport, Connecticut has the highest total utility cost of any city in the U.S., coming in at a whopping $353 per month for residents there.

 

Whether you're on the West Coast, East Coast, and everywhere in between, it's always smart to separate rent from utilities! Don’t let high energy usage take you by surprise, Livable’s user-friendly Property Manager Dashboard makes it easy to see what’s happening at your building and immediately increases the value of your asset. Book a call with a Livable team member today to start saving! 

 

Come save with us!

 


 


An easy and simple change you can make in your space is to switch to energy-efficient light bulbs such as LEDs that help reduce your bills. Regular incandescent bulbs use heat instead of light to release most of their energy. The modern LED style bulbs save a lot of electricity and money over time as they are energy efficient and last ten times longer compared to regular bulbs.

Rent Control Is Back on the Ballot in 2020

Posted by Livable Content Team on Oct 1, 2020 3:00:00 AM

Here We Go Again

It may be 2020 but it’s starting to feel like 2018 all over again. A big election is looming and tenant advocates are once again bringing a rent control measure to the California ballot. 

Covid-19 Pandemic and Renter Habits

Posted by Livable Content Team on May 1, 2020 7:03:00 PM

During the Corona Virus pandemic, there have been several lockdowns resulting in weeks of remaining sheltered in place. From construction to real estate and property management, many of the vendors that property owners rely on have been put at a standstill time and time again. In turn, renters have been anxious to make a move when there is a window of opportunity offered.  Are your units ready to be shown?

What you need to know for 2020

Posted by Livable Content Team on Dec 1, 2019 4:44:00 PM

 As we get ready to say goodbye to 2019, it’s only natural to look ahead. In addition to what is sure to be a heated national political season in 2020, there are several statewide measures in California to keep an eye on, including a possible overhaul of Prop. 13 and another proposition that would allow municipalities to extend rent control to most units that are at least 15 years old. 

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.