submetering or RUBS in southeast Texas

[Dustin Hood]

Has anyone had success implementing RUBS or submetering an apartment complex in southeast Texas? More specifically between Beaumont and Houston? If so, could you send me a contact? I have a 28 unit near Beaumont with landlord paying all the water and would like to make it tenants responsibility.

Thank you.

[Cory Carlson]

Depends on your clients goals i suppose. Are they trying to submeter purely to lower expenses and raise NOI to sell in 2020? If they have their sights on holding this cash cow for awhile then I would analyze the cost benefit of doing this project. Otherwise just initiate RUBS at fraction of the cost. Cost really only being loss to lease and time with property management.