Latest stories

Eviction moratorium goes past the nationwide deadline in California, New York and more

Posted by Written with love by the Livable Content Team on Aug 2, 2021 9:00:00 AM
"While there is some recognition of this distress in the deal by providing 100% in rent assistance and requirements for the tenants to use the funds to pay rent, we are very concerned as to when this moratorium will actually end," Christine LaMarca, president of the California Rental Housing Association.

The Amenities Your Tenants Want Most

Posted by Written with love by the Livable Content Team on Jul 7, 2021 9:00:00 AM

At Livable our mission is to add value to your business, even beyond utility management, here is some helpful insight into what amenities tenants are most excited about when looking for a rental!


According to a 2020 report from the listing site, Zumper “Outdoor space” searches were up 143% in 2020 topping the list of most-desired apartment amenities.  “Roof deck”, “balcony”, “garden”, “deck” and “swimming pool” all showed major search increases over the year as well.  


Having a garden was the most desired of these outdoor spaces, adding an average of $144 a month to a listing’s value. A roof deck only added an average of $68 and a balcony was only $35 more on average.


Continuing to trend since 2020 “Garage parking” search rates were up 73% and added an average of $149 to a listing. “In-unit laundry” searches were up 64% - even adding an average of $170 to a listing’s value. “With slashed interest rates at dealerships and public transportation to be avoided if possible in 2020, more people were likely to have bought cars in and would then need parking spaces” according to the Zumper report. 


One of the top search terms in 2020 was one that wasn’t particularly popular pre-pandemic—storage. As people created impromptu offices at home, they may have needed to store other furniture, or they may have been looking to clear away clutter as they spent more time at home. In any case, “storage” saw a 92% increase in searches and added an average of $53 to a listing’s value.


Generation Z

For those in the 18-to-24-year-old age group, the storage search was even more specific. The Gen Xers really prioritized “walk-in closets” in their searches, as well as air conditioning and dishwashers. They were less interested in parking, however, as this age group is known to be the least likely to own their own cars. While all ages wanted outdoor space, Gen Xers were all about the pool. 



25-to-40-year olds also really wanted walk-in closets—this search term was up 300% for this age group, making it the number-one amenity request. Millennials were also the only age group to prioritize hardwood floors.


Baby Boomers

Finally, 41-to-56-year-olds were uniquely interested in central heat and had the largest increase in “in-unit laundry” searches of all the age groups. Baby Boomers also wanted furnished apartments, maybe because they were downsizing from big family homes, according to Zumper. 


Whether you are looking to invest in a new property or are renovating, along with adding any new amenity to your building come’s added utility costs. At Livable whether your property has multiple units varying in size, retail space, and/or common areas, we can customize allocation factors and billing frequency for your unique property and issue fair and accurate billing to each tenant. Book a call with a Livable professional today and find savings you can take to the bank—literally!


Schedule a call!

According to the EPA , depending on the region, homeowners use 30-70% of their water outdoors in the summer. Experts estimate that 50% of the water we use outdoors goes to waste from evaporation, wind, or runoff due to overwatering. Keep outdoor watering costs down by only watering grass and plants in the early morning or at dusk , so the water doesn’t evaporate in the summer heat

How to Control Costs as Utility Rates Rise

Posted by Written with love by the Livable Content Team on Jun 2, 2021 12:07:04 PM

At Livable, our mission is to help save the environment while also saving apartment owners money by making residents responsible for their utility usage. According to the U.S. Energy Information Administration, the residential electricity price nationwide will increase 1.5% in 2022, continuing an upward trend in the coming years. 

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

Posted by Written with love by the Livable Content Team on May 27, 2021 2:46:27 PM

With utility costs ever-rising, the best way to combat these costs is by utilizing a ratio utility billing system (RUBS) an inexpensive and easy way to make tenants financially responsible for their usage and incentivize conservation. At Livable we provide software solutions that do not require an onerous submetering system - we easily, legally and affordably allow owners and property managers to shed much of the expense of ever-escalating utility costs. 

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. 

What the Eviction Moratorium Extension Means for Owners

Posted by Written with love by the Livable Content Team on May 1, 2021 9:00:00 AM

With days to go before the end of a nationwide eviction moratorium, the Centers for Disease Control and Prevention has extended the federal order until June 30. The previous extension was due to expire at the end of March, which was already an amendment to the original end-of-January extension...

How to Hit Pause on Your Mortgage Payments

Posted by Written with love by the Livable Content Team on Apr 1, 2021 9:00:00 AM

With eviction moratoriums extended in many states, countless multifamily owners have been left at a loss about how to keep up with their own financial commitments. Luckily, the Federal Housing Finance Agency has extended multifamily property forbearance until Ju...

How the New Presidency Could Impact Your Taxes

Posted by Written with love by the Livable Content Team on Mar 1, 2021 9:00:00 AM

While campaigning for office, President Joe Biden proposed numerous tax law changes that, if enacted, would have significant impacts on the multifamily industry. The biggest potential change is the end of 1031 exchanges,... 


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.