The BRRRR 2.0 Strategy: How I’m Scaling Multifamily Without Heavy CapEx | Episode 150

🔥Live Podcast Alert 🔥 🔥On this Real Estate Hustlers Podcast episode, Tiffany Mittal is a distinguished businesswoman with over 15 years of multifamily real estate experience, excelling as an owner-operator and proptech executive. Her visionary leadership has driven exponential growth in utility billing and payments technology startups, establishing her as a trailblazer in the field. In 2020, Tiffany founded Utility Ranger, a groundbreaking tenant utility billing software company. This venture gained significant attention, leading to a partnership with 10X Incubator in 2021. In March 2023, they launched their new proptech startup, setting a precedent as industry leaders committed to innovation and empowering multifamily investors. Takeaway:Tiffany transitioned from California to Florida for better investment opportunities.Utility Ranger was created to solve utility billing challenges in multifamily properties.Florida's real estate market offers significant growth potential post-COVID.Insurance costs in Florida remain high but manageable compared to California.The shift from owner-operator to asset management allows for better focus on growth.Utility billing can significantly increase net operating income and property value.Transparency in billing reduces tenant inquiries and improves accountability.Tenants' behavior changes when they are billed for utilities based on usage.Lenders favor properties with additional revenue streams from utility billing.New investors should focus on understanding their market and managing properties professionally. Connect with Tifanny:LinkedIn: Tiffany Mittal Facebook: Tiffany MittalInstagram: tiffanymittalVisit us at:Investor Portal: https://appelmangroup.investnext.com/Website: https://lnkd.in/g66wqQ7gLinkedin: https://lnkd.in/g2Fu2BZDFacebook: https://lnkd.in/gVjbUi3p