1.
How will billing residents for utilities improve the
value of my property?
As the owner, the rising cost of utilities directly impacts your profitability.
The lease you have with the tenants locks in your rental income while
your utility cost fluctuates based on consumption. By separating the
cost of the utilities, you will add stability and improve forecasting
to your bottom line.
2. Will this impact our occupancy?
Evaluating current market conditions is essential to any decision that
may impact the occupancy of your community. Conducting a market survey
will reveal that most of your competitors are also charging for utilities.
3. Are there legal requirements
I must fulfill?
Legal requirements vary from state to state. Part of our services is
to inform you and assist in any legal obligations to begin a billing
program.
4. What charges can I pass through
to the residents?
It is possible to pass through all or a portion of our charges through
to the resident depending on the utilities we are billing. Your sales
representative will assist you in structuring a program that is the greatest
benefit to your company.
For
more information
Contact Sierra Utility Billing Services
512-837-3446 or toll free 888-376-3354
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