HUGE hydro bill in September!!!!

[Marty Gordon]

Hi guys! Just thought I'd share this quick video about my tenant's energy bill in September.
WATCH:

 

[Graham Fitzpatrick]

Do you know what he decided to do?

 

[Tina Myrvang]

Do you know what he decided to do?

Start a conversation with him and he will let you know.

 

[Marty Gordon]

Do you know what he decided to do?

Hi there Graham. I booked an inspection and entered both units to make sure nothing was going on inside. I found that the basement tenants had an electric space heater, and an electric fireplace running downstairs. We gave them a warning, said we would cover the
overages this time but please stop.using the heater and be more careful with wasting power. The next bill dropped to normal levels.

 

[Graham Fitzpatrick]

Oh, ok....So nothing in the shed then? Sounds like a pretty good outcome at least from your point of view...but did the basement tenants say that the central heating was insufficient?

 

[Marty Gordon]

Oh, ok....So nothing in the shed then? Sounds like a pretty good outcome at least from your point of view...but did the basement tenants say that the central heating was insufficient?

Well there was nothing visible in the shed when I inspected it. I'm highly suspicious that they had a space heater out there and just removed it when they knew I was coming. But it's ok. These properties are very high cash-flowers so it's ok to eat some costs now and then if it keeps the tenants happy. Of course, this issue can't be an ongoing one or we will have a different conversation. Pick your battles ya know?

 

[Graham Fitzpatrick]

Yup yup.
Very high cash-flowers are they? What market?

 

[Marty Gordon]

Rents have continued to rise in accordamce with the sale prices. Anyone who bought even a couple years ago is enjoying rents that easily cover the bills.

 

[Marty Gordon]

Yup yup.
Very high cash-flowers are they? What market?

Guelph, Ontario. Its truly insane here.

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