Disruption Interruption podcast host and veteran communications disruptor, Karla Jo Helms, recently sat down with Tiffany Mittal, Founder and CEO of Utility Ranger, to find out how she is disrupting the way multi-family real estate developments approach utility billing and its effect on property valuation.
TAMPA BAY, Fla., Oct. 17, 2023 /PRNewswire-PRWeb/ -- Technology to assist property managers has long been viewed as needing to catch up with trends. Automation can now assist in minimizing the time and resources needed for manual tasks, and with the increased capacity of staff, the focus can now be on improving the well-being of residents. (1)
Enter disruptor Tiffany Mittal, multi-family investor, PropTech enthusiast, and speaker, who explains to Karla Jo Helms, the host of the Disruption/Interruption podcast, how she helps multi-family property managers better manage and invoice their residents' utility bills. Delayed bill cycles, long reimbursement times, and poor service leave apartment owners frustrated. Mittal notes that managers don't need a service provider to do this for them, they just need the right tool to do it themselves.
Mittal reveals that "What guides me the most is really leveling the playing field for the common man." She and Karla Jo discuss the growing attention on multifamily real estate and investing and how the concept of ratio utility billing (RUBS) can increase property valuation and net operating income.
Key takeaways:
- The advantages of multifamily real estate for new buyers
- Common challenges faced by smaller investors in accessing third-party utility billing services
- How Tiffany turned utility billing into a SaaS model
- How investors can positively impact resident behavior
Links:
LinkedIn: https://www.linkedin.com/in/tiffanymittal/
Company website: https://utilityranger.com/
Disruption Interruption is the podcast where you'll hear from today's biggest Industry Disruptors. Learn what motivated them to bring about innovation and how they overcame opposition to adoption.
Disruption Interruption can be listened to via the Podbean app and is available on Apple's App Store and Google Play.
About Disruption Interruption:
Disruption is happening on an unprecedented scale, impacting all manner of industries — MedTech, Finance, IT, eCommerce, shipping and logistics, and more — and COVID has moved their timelines up a full decade or more. But WHO are these disruptors, and when did they say, "THAT'S IT! I'VE HAD IT!"? Time to Disrupt and Interrupt with host Karla Jo "KJ" Helms, veteran communications disruptor. KJ interviews bad a**es who are disrupting their industries and altering economic networks that have become antiquated with an establishment resistant to progress. She delves into uncovering secrets from industry rebels and quiet revolutionaries that uncover common traits — and not-so-common — that are changing our economic markets … and lives. Visit the world's key pioneers that persist to success, despite arrows in their backs at http://www.disruptioninterruption.com
About Karla Jo Helms:
Karla Jo Helms is the Chief Evangelist and Anti-PR® Strategist for JOTO PR Disruptors™.
Karla Jo learned firsthand how unforgiving business can be when millions of dollars are on the line — and how the control of public opinion often determines whether one company is happily chosen, or another is brutally rejected. Being an alumnus of crisis management, Karla Jo has worked with litigation attorneys, private investigators, and the media to help restore companies of goodwill into the good graces of public opinion — Karla Jo operates on the ethic of getting it right the first time, not relying on second chances and doing what it takes to excel. Helms speaks globally on public relations, how the PR industry itself has lost its way and how, in the right hands, corporations can harness the power of Anti-PR to drive markets and impact market perception.
About Tiffany Mittal:
Tiffany moved from the sunny coasts of California to Florida, where she brought UtilityRanger.com to life to tackle the complexities of ratio utility billing in her 36-unit property. Her solution presents a dual advantage: it paves the way for substantial increases in net operating income (NOI) by transferring utility costs from owners to residents, and it promotes environmental sustainability by encouraging responsible water usage. UtilityRanger.com operates on a simple model. For a nominal fee of $3 per unit per month, owners can pass on the utility costs to their residents. They can even increase this fee marginally to raise more revenue that can offset other expenditures, such as property management software.
References:
1) Davis, Kerri. "The Role of Technology in Modern Property Management", Forbes Technology Council, 31 May 2023, forbes.com/sites/forbestechcouncil/2023/05/31/the-role-of-technology-in-modern-property-management/?sh=74e2f82f4d55.
Media Contact
Karla Jo Helms, JOTO PR™, 727-777-4619, [email protected], jotopr.com
SOURCE Disruption Interruption
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