Lower Your Expenses on Your Multi Family Property
As landlords or property managers we always look to increase profitability of our Ottawa income properties. We tend to put a strong emphasis on increasing rents of our rental units while paying little attention to our expenses.
During the month of April Save On Energy has many printable coupons available directly from their website which will give you incredible savings on LED light bulbs. If you are a landlord that has been putting off switching over to LED lighting this could be the month to make it happen.
I personally visited Costco and stocked up on light bulbs for my multi family properties. I have plenty of lights that stay on 24/7 in hallways and on exterior exits as part of the Fire Code. In the coming weeks I will be making the switch to these more efficient light bulbs and ultimately lower my expenses on these properties.
Roch is a bilingual real estate broker and real estate investor in Ottawa, Ontario. If you are looking at building wealth through real estate or looking to have your property professionally managed give Roch St-Georges a call at 613-889-7732