What to boost your net operating income...with little or no effort?
As a multifamily property owner, you know the value every penny contributes to your NOI. Despite your best efforts, the hidden effects of utility theft may be robbing your properties of their true profit potential. Now there’s an easy, automated way to create a safety net that saves you thousands of dollars every month across your portfolio.
CSASecure® will increase your cash flow right from the start – Guaranteed.
Wouldn’t you like to get out of the collections business? Or better yet, wouldn’t you like to increase cash flow by eliminating utility theft quickly and effectively? Even if you have a cost recovery system in place for utility theft, your success depends on time-consuming follow-up by your busy on-site staff. Recovery methods have other limitations: they can’t identify opportunities on the back end when residents transfer the utility responsibility to the community within 30 days prior to move out. In addition, the Recovery methods can’t identify unpaid electric bills until accounts are 45-60 days in arrears and you’re on the hook for thousands of dollars a month across your portfolio.
Did you know that over 35% of total electricity expenses for your residential units are never recovered due to move outs and bill mis-processing?
Did you know that an average of 76.2% of all residents who moved into a multifamily unit in 2007 did not have electricity transferred to their name at the time of move-in, as required by the lease term? In fact, 10.1% of move-in violators were delinquent 2 to 6 months in enrolling with an electric provider, necessitating constant invoicing and additional vacant bill payment charges.
Now there’s a new solution for minimizing the impact of residents who delay signing up for a utility account. CSASecure® takes CSA management to a whole new level without any negative impact on your properties:
- The only system capable of identifying move out violators
- Identifies and stops utility theft in less than a week
- Can be used alone or to enhance your current cost recovery efforts
- So simple there’s nothing to learn, nothing to buy and install
- Your staff stays in control in only 10 minutes a week
- Pays for itself by greatly reducing the cost of utility theft and collections
The CSASecure® solution gives you the power to identify and prevent utility theft within days—not months—of move-in. CSASecure® is an automated, easy-to-use solution that protects your assets throughout the entire resident lease, and the only proven solution to identify and eliminate early switchovers before move-out.
CSASecure® uses patented monitoring technology to automatically identify violators, notify them and alert your property manager. What can be easier?
How much would your NOI improve if you could reduce your CSA liability from the industry average of 60-90 days to 10 days or less? Click on the CSASecure® Savings Calculator to find out. Only CSASecure ® delivers this kind of asset protection and enhancement.