Eight Thousand Dollar Savings Off Your Apartment Expenses

If you are in charge of the maintenance for apartment complex expenses or even several apartment complexes then this can be gold and silver mine for you! What we'll take about here is how to cut down a good eight to ten thousand dollars a year off your bottom line if you're having your maintenance people take care of this expense.

If your furnishing the filters then it's time for a change. Most all apartment complexes have gone this route. Let the tenants furnish their own filters. You figure at $.40 a filter (example six hundred units) six hundred apartment units twelve times a year.

This is if you were changing them once a month. Another thing to consider is the quality or grade of filter you're using. There is a cheap grade then a pleated grade. You just saved yourself a bottom line of three thousand bucks a year. This is just the cost of the filter at a wholesale cost. This is just one filter. Many apartments today have two, three or even more filters.

You also need to figure in your maintenance man's hourly pay unless he's on salary. Let's say you pay him fifteen dollars an hour and it takes him a week to change out all the filters of the apartment complex. That comes out to about seven thousand dollars a year when you go to figure your apartment complex expenses.

In closing there is one thing to keep in mind if your multi-family tenant is going to change their own filters. There should be a clause in your contract. I'm not an attorney but, you probably would want to get your attorney to look at your tenants lease contract to make sure you're your not liable if then fell off a ladder changing their filter or filter's. Filters are not always low; many apartments' filters are overhead. Better to be safe than sorry with your apartment complex expenses.