Pete’s park lessons · Lesson 5 of 15

“Utilities Included” Is a Leak: Sub-Metering Before You Sell

Every dollar of power and water you pay and don’t recover is gone from your net income. Buyers pay a multiple of income, so that leak costs you again when you sell.
Buyers will ask for two years of bills, lay July next to January, and price in whatever you never collected.
Pull 24 months of electric and water bills and lay summer next to winter. Figure your recovery ratio: what guests paid you for utilities divided by what you paid. Write it down, even if it’s zero.
Check your utility and local rules, and have your attorney review guest agreements before you change billing.
Where it’s allowed, sub-meter the monthly sites. One month of billing is a promise. Twelve months is proof.

Video coming soon. The full Pete video for this lesson is still in production.

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