Managing real estate assets – some ideas!
Whether vacant land or one of the most sophisticated high-rise office buildings or hotels, managing costs of ownership is a requirement. Some costs are easier to manage than others. One cost – electric utilities – may be reduced, even dramatically, just with the selection of lights bulbs.
LED bulbs have become less expensive to purchase and add substantial savings. Interior and exterior flood lights, light bulbs for lamps, even fluorescent bulbs are available. One example of savings is equivalent to 50% of monthly bills.
Such savings represent quite a difference of the life of ownership, and can be part of profit.