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Podcast: BiggerPockets Daily
Episode: How to Boost Your Cash Flow With a Water-Efficient Rental Property by Seth Williams
Description: Of all the rental properties I’ve ever owned, there is one utility bill I’ve always gotten stuck paying out-of-pocket.The water bill.There are a few reasons why the water bill always ends up being my problem.
In my area, unpaid water bills go as liens on a property (instead of collections to tenants), so if my tenants ever stop paying—it hurts me, not them.
Water bills in my city are read quarterly (not monthly like gas and electric), which makes it very difficult to track which tenants should be paying which porti...