Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago,

User Stats

398
Posts
144
Votes
Jason Mak
  • Rental Property Investor
  • San Marino, CA
144
Votes |
398
Posts

How much do you actually recover from RUBS

Jason Mak
  • Rental Property Investor
  • San Marino, CA
Posted

This question is posed to multifamily operators and managers of larger apartment buildings that have recently implemented RUBS through a 3rd party vendor.

In your experience, what percentage of your utilities were you able to recover from RUBS?   I know each state's RUB calculation varies but I'm just trying to get a general ballpark.  

For example:  If current utility bill for entire property is $100k for month, were you able to recover at least 60% from tenants?

Also - how did the RUBS implementation effect overall usage once tenants were liable for their utilities?  I talked to some operators and they said that their water usage immediately dropped by 30%

Loading replies...