"Rubs" Ratio Utility Billing system

[Garrett Honea]

We have been exploring new ways to increase revenue at our apartment complexes. 90% of our tenants are well below market value on rents. Obviously, we are looking at raising rents but we are also looking at "Rubs" Ratio Utility Billing system as an alternativ e. Most of our cost are from our monthly utilities so if we can cover that we would get oursleves in a much better postition. However, I'm not finding much info about "Rubs" except for all the companies I could hire to implement this program. I'm looking for any advice from someone with knowledge on the subject.

[Michael Badin]

First, before implementing RUBS make sure your market supports it. What I mean is you don't want to bring all your rents up to market and transfer over to RUBS and have everyone else not charging tenants for utilities.  So check other listings and see if utilities are included. If you have already done this then contact your utility provider and they should be able to give you some info on it.

All it does is split the cost between the units based on SF.