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Updated over 6 years ago,
RUBS - Starting point
Hey friends. Couple main questions.
#1. I am in Norfolk Virginia looking at a 10 unit. Currently Owner pays electric and water. Is the best place to start looking into RUBS, the local waterworks department?
#2. Is there a general rule of thumbs for either the size of the owner paid water bill, or number of units that makes it "worth it? I currently own a 6 unit that I would love to collect water payments from the tenants. I just don't know if it would be worth it. I've heard it only works well at scale.
Thanks!