Updated about 9 years ago on . Most recent reply
Ratio Utility Billing System (RUBS)
Is anyone implementing RUBS in Norfolk? It makes a huge difference analyzing deals for multi-families without separate utilities. I just want to make sure it is;
A. Possible, and....
B. Won't send tenants running for the hills.
The specific quad we are currently looking at has separate electric, however; water, sewer, and heat/hot water are shared. Looking to install ductless mini-split heat pumps in each unit then using RUBS for water/sewer/hot water (electric) if unable to sub-meter.
The unit has an amazing location and we are looking to finish a little above average to ensure we still attract tenants. Seems around 50% of nearby rentals include utilities.
Thoughts? Any recommendation on 3rd party RUBS companies?
Thanks!
Andy