Latest stories on cost-recovery

White House Rental Rights Proposal: An Approach to the Affordable Housing Crisis, Controversy Included

Posted by Livable Content Team on Jan 30, 2023 1:06:42 PM

“At Livable, we want to keep residents and property owners up to date on issues that impact everyone in the rental market. We sympathize with tenants having financial issues, especially in the current inflationary climate. But we also recognize that housing providers are investors. Livable helps protect the health of those investments while educating residents on conservation, which saves everyone money and helps the planet.” - Livable CEO Daniel Sharabi

Make RUBS Part of Your Long-term Financial Investment Health Strategy

Posted by Livable Content Team on Jan 29, 2023 7:48:00 AM

AdobeStock_399081787With utility costs continuing to climb while rents and unit demand are dropping, the best way to  improve your bottom line is to implement a ratio utility billing system (RUBS), an inexpensive and easy way to make tenants financially responsible for their usage and incentivize conservation. 

Have a Happier Financial New Year Through Conservation

Posted by Livable Content Team on Jan 5, 2023 7:02:55 AM

2023 is here! Whether or not you set resolutions, it's natural to look for ways to improve your business at the beginning of a new year. This is a great time to think about building and bettering your properties for the sake of your business growth and development. The health of your business is everything. You can't serve tenants without a healthy bottom line.

4 Common Utility Billing Mistakes That Hurt Your Bottom Line

Posted by Livable Content Team on Apr 11, 2022 7:00:00 AM

In a world of softening rental markets and rising utilities, utility cost-recovery is essential to your bottom line!  Even a simple mistake in your billing system can end up costing thousands. Avoid these four common utility billing errors to keep your investments healthy.

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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.