A recent Wall Street Journal article pointed out that water and sewer bills have increased over 5.5% annually over the last decade, three times the rate of inflation. And that pace is likely to continue, due to aging water and sewer infrastructure. https://www.wsj.com/articles/who-is-paying-to-fix-outdated-water-and-sewer-systems-you-are-1521106201 If it hasn’t already, this will pinch the pocketbooks of apartment owners…
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Water and Sewer bills are rising fast
A recent Wall Street Journal article pointed out that water and sewer bills have increased over 5.5% annually over the last decade, three times the rate of inflation. And that pace is likely to continue, due to aging water and sewer infrastructure. https://www.wsj.com/articles/who-is-paying-to-fix-outdated-water-and-sewer-systems-you-are-1521106201 If it hasn’t already, this will pinch the pocketbooks of apartment owners…
Want to conserve water?
Want to conserve water – here is a list identifying the gallons of water associated with everyday tasks that will get you and your residents thinking about ways to conserve and save money: https://www.nationalgeographic.com/environment/freshwater/water-conservation-tips/
What is Liquefied Natural Gas?
You may not be aware, but the US has increased its natural gas exports substantially over the years. At this point, the US is a net exporter of liquefied natural gas (LNG) due in part to the shale gas revolution. But, happens when US allies wean themselves off of Russian natural gas and onto ours. …
Saving money by saving energy
Did you know that the US Dept of Energy has a sub-site dedicated to sharing information about how to save money by saving energy? Some articles are oriented toward single-family housing, but many tips are applicable to multifamily as well. You can find the resource at: https://www.energy.gov/energysaver/energy-saver.
50% or water is wasted!
Weather-based irrigation controllers can use data to help save money. Read more from the EPA: https://www.epa.gov/sites/production/files/2017-01/documents/ws-products-minireport-irrigation-controllers.pdf
Tariff Impact on Energy Pricing
The tariffs proposed by the current administration could have an impact on the apartment industry. How? In energy cost increases. The tariffs will increase the cost of steel and aluminum used in pipelines and solar projects. This could impact the cost of energy. Also, if we have more plans here in the US using power…
Here’s What Really Happens to All That Stuff You Recycle
Do you ever wonder if your righteous efforts at recycling really do any good? If so, perhaps this article will help: “If you’ve an avid recycler like myself, chances are you’ve wondered, as you stuffed all your bottles in the bin — what really happens to all this stuff? Maybe you’re curious about why some…
Whole Building Data is coming to California
I know that I sound like Chicken Little…screaming about the sky falling. However, Effective January 1, 2019, you are going to need to ensure that all your apartment properties in California are loaded into Portfolio Manager. There is a hyperlink to the bill below if you really like read legislature, but the gist is that…
Oil and the Multifamily Industry: Do they go together?
We have enjoyed fairly stable oil prices lately. But, is that something we can rely on in the future. Many say that will not be the case. Increased conflicts in the Middle East there could be destabilize the oil market. Also, there is some question whether US shale gas will continue to produce in the…