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Updated almost 6 years ago,
RUBS/Submetering - El Paso Multifamily Purchase
Hi All,
Looking to get some advise on a multifamily I am looking to purchase in El Paso Texas. Currently water gas and electric are all being paid by landlord. Cable is also being paid but that is separate. Rents seem fairly priced in line with market right now but there is definitely waste in the utilities. Wondering thoughts on best way to reduce this either through RUBS or submetering for these units. Alternatively can also reduce consumption with low flow, led lights etc if forced to pay some or all as landlord. It looks like many of the competing properties have some sort of concessions but not ALL ultilities AND Cable. Any advise is much appreciated.