If you own rental property in Boone, North Carolina, water submetering takes your tenants’ water bill off your hands and puts it on the units that run it up. Boone is an Appalachian State town tucked up in the Blue Ridge, and its rental market is overwhelmingly student housing held by individual owners: duplexes, mountain houses split into units, and small apartment buildings. When water is folded into a flat rent, the tenant who never sees a bill has no reason to fix a leak or cut a long shower, so usage stays high and uneven, and a new wave of renters cycles in every fall. True Submeter gives Boone owners an affordable way to add an individual water meter to each unit, so each tenant pays only for what they use. Usage falls, billing disputes end, and your net operating income rises, with most owners earning the cost back within six months. In a market that lives by the App State calendar, your billing should keep the same beat.
