Anyone using RUBS in Baltimore?
Does anyone have experience in using RUBS (Ratio Utility Billing System) in Baltimore?
How is it received by tenants (not well, I assume)? I have a property I'm under negotiations with whose rents are under market AND the tenants are not paying utilities either. I figure that I'll bump rents one year and then introduce RUBS the next. Everyone is also on month-to-month, so they may all leave at the same time.
I wanted to get some feedback here before I finalize the deal so I can get a better outlook on possible future returns.