Utility Billing, RUBS & Revenue Strategies for Multifamily Pros

Laundry, Lockers & Leasing Fees – Hidden Revenue Streams That Changed How I Look at NOI

Laundry, Lockers & Leasing Fees – Hidden Revenue Streams That Changed How I Look at NOIby: Tiffany MittalPublished on: 11/05/2025

Most multifamily owners focus on rent increases to grow value—but some of the biggest NOI gains come from hidden revenue streams. In this blog, Tiffany Mittal shares how overlooked items like laundry rooms, package lockers, and lease addendums transformed her approach to NOI. With real numbers and personal stories, she shows how small changes can create six-figure gains in property value—without raising rent.

BRRRR 2.0RUBS
Laundry, Lockers & Leasing Fees – Hidden Revenue Streams That Changed How I Look at NOI

The 5% Rule: How One Utility Billing Shift Added $1M to Our Property Value

The 5% Rule: How One Utility Billing Shift Added $1M to Our Property Valueby: Tiffany MittalPublished on: 08/26/2025

Discover how a simple shift in utility billing transformed our 36-unit building in El Cajon, California, adding over $1M in property value without raising rents or renovating kitchens. This post introduces BRRRR 2.0, a smarter spin on the traditional Buy, Rehab, Rent, Refinance, Repeat strategy. By implementing RUBS (Ratio Utility Billing System), we cut hidden expenses, boosted NOI, and unlocked forced appreciation at scale. If you’re a multifamily operator or landlord still covering water, sewer, or trash, this story shows how you may be sitting on hundreds of thousands in untapped value—and how tools like Utility Ranger make it simple to capture

BRRRR 2.0RUBS
The 5% Rule: How One Utility Billing Shift Added $1M to Our Property Value

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