Discover the secrets to maximizing property ROI and efficiently managing utility costs in multifamily housing in this episode featuring Kelly Koontz, President of Submeter Solutions, Inc. For over two decades, Submeter Solutions, based in Kent, WA, has excelled in selling, servicing, and installing electric, gas, and water utility meters, alongside offering third-party billing services for multi-unit properties nationwide. Join Kelly as he unravels crucial topics, including submetering systems, effective utility cost division, laws governing billing services, energy management strategies, and leak mitigation techniques. Gain valuable insights on recovering utility costs while ensuring tenants pay for their exact usage, dividing city bills for water and sewer among residents, and preventing property damage caused by leaks. Whether you're seeking to optimize billing processes or enhance property management, this conversation unveils indispensable approaches to revolutionize utility management and property profitability.

Listen to all our episodes and leave a review: HERE

Download Podcast: HERE

Subscribe:  Apple | Google Play | Stitcher | Spotify

Maximizing Property ROI through Efficient Utility Management with Kelly Koontz

Join us in this episode as we delve into the world of multifamily housing utility management with Kelly Koontz, President of Submeter Solutions, Inc. Based in Kent, WA, Submeter Solutions has been at the forefront since 1999, providing tailored solutions in electric, gas, and water utility meters, submetering systems, and third-party billing services for multi-unit properties across the nation.

Koontz shares insights into the key challenges faced by property owners and managers regarding utility costs and property damage mitigation. Discover how Submeter Solutions specializes in customizing metering systems and billing services to not only recover all utility costs but also maximize property ROI efficiently.

Throughout the conversation, Koontz addresses various topics essential for property owners, including:

• Recovering utility costs: Understanding the methods to ensure tenants pay for the exact utility usage.
• Effective utility cost division: Strategies to divide utility costs efficiently without consuming excessive time.
• City bill division for water and sewer: Insights into dividing a single city bill among multiple residents.
• Mitigating property damage from leaks: Practical approaches to mitigate risks associated with water leaks.

He also sheds light on specific aspects such as submetering for water, gas, and electric utilities, laws and workings of third-party billing services for multifamily properties, energy management strategies, and techniques to manage commercial energy usage effectively.

If you're a property owner or manager seeking to optimize utility cost recovery, streamline billing processes, and safeguard properties against water leak-related damages, this episode is a must-listen.

Tune in to gain valuable insights and actionable strategies to revolutionize your approach to utility management in multifamily housing!

We Need Your Help! 

Thank you for being a part of the MFIA Podcast community! We couldn't do this without you, and we truly appreciate your support.

If you've found value in the conversations and interviews we share each week, we would be incredibly grateful if you could take a moment to help us out.

By subscribing to the show and leaving an honest review on iTunes, you can help us continue to deliver the best possible content and reach more investors like you.

So please, take a few minutes to leave a review and let us know what you think. Your feedback means the world to us! You can leave a review by simply heading: HERE

Thanks again for listening, and we can't wait to keep sharing amazing content with you.