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Updated over 6 years ago,

User Stats

13
Posts
1
Votes
Jonathan Beasley
  • Real Estate Agent
  • Portsmouth, VA
1
Votes |
13
Posts

RUBS - Starting point

Jonathan Beasley
  • Real Estate Agent
  • Portsmouth, VA
Posted

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!

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