Owning rental property near Troy University means renting to students who never see a water bill, so every gallon they use in a Troy, Alabama summer comes straight out of the owner’s pocket. Water submetering is how you get it back. Troy’s rental market is small and steady, mostly individually owned houses and modest apartment buildings that fill and refill with Troy students on the academic year. Bundle water into those leases and the owner becomes the one person in the building with any reason to care about usage. True Submeter puts an individual water meter on each unit and bills each tenant automatically for what they actually use, so you recover the full water bill instead of absorbing it. Consumption drops once it has a price, the arguments over a shared bill end, and net operating income rises, with payback usually inside six months. The water is one cost in this business you can hand straight back to the person using it.
