Latest stories on how-to-save-money-on-utilities

Part 4: More Tech That Boosts Revenue and NOI for Housing Providers

Posted by Livable Content Team on Oct 12, 2023 4:16:22 PM



Note: This is part four of our series on technology innovations that help property owners and managers get the most from their investments. 

So far, we’ve discussed a few amazing property management platforms that can help independent rental owners and professional property managers get the most out of their rental investments, as well as systems that can detect water leaks and make inspections easier from anywhere in the world. Today, we’re going to discuss Simple Sub water meters and Dwellsy, a marketplace for both renters and tenants. Read on to explore the unique features of these applications and how each can help grow your business.

Part 3: Tech Supports Property Owners for Greater NOI

Posted by Livable Content Team on Sep 1, 2023 7:27:13 AM



Note: This is part three of our series on technology innovations that help property owners and managers get the most from their investments. 

So far, we’ve discussed a few amazing property management platforms that can help independent rental owners and professional property managers get the most out of their rental investments. Today, we’re going to discuss NOWi water sensors that help detect water leaks and RentCheck, a mobile app that helps both Housing Providers and Residents conduct accurate property inspections more easily. Read on to explore the unique features of these applications and how each can help grow your business.

Part 2: Tech Supports Today’s Property Owners for Better Investment Health

Posted by Livable Content Team on Jul 26, 2023 7:51:34 AM



Note: This is part two of our series on technology innovations that help property owners and managers get the most from their investments. 

In part one of our ongoing series, we explored the benefits of Azibo’s online management system and Livable’s platform to recover master-billed utilities. In this edition, we’re going to explore two more amazing online management platforms: Renter Insight and Innago. Renter Insight is perfect for the Housing Provider who wants enterprise-level tools at an IRO-friendly price point, while Innago has a specialized feature that uniquely serves student housing providers. Read on to explore the unique features of these applications and how each can help grow your business. 

Save Money by Encouraging Residents to Conserve Utilities

Posted by Livable Content Team on Jul 14, 2023 7:40:04 AM



As a Housing Provider, managing expenses is an essential aspect of maintaining a healthy return on your investment and ensuring long-term success. One area where costs can add up quickly is utilities, such as electricity, gas, wifi access, sewer, trash collection and - especially - water. Utility costs continue to rise and water bills have shot up dramatically over the last several years in many areas, . 

By encouraging your Residents to conserve any master-billed utilities, you can not only reduce operational costs but also contribute to environmental sustainability. Read on for effective strategies to motivate Residents to conserve utilities, ultimately saving everyone money.

Tech Supports Today’s Property Owners for Healthier Finances

Posted by Livable Content Team on Jul 5, 2023 3:04:53 PM



Note: This is part one of our series on technology innovations that help property owners and managers get the most from their investments. 

Managing properties, whether your own investment or as a fulfilling career, is a lot of work. But property managers today have more options than ever for cost-effective ways to manage that work load more easily and effectively. Improved interfaces, faster applications and cloud-storage options make these tools ever-more-accessible and easy to use.

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

Posted by Livable Content Team on May 3, 2023 4:57:04 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 9:11:57 AM

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 8:31:52 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! 

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.