General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 2 years ago,
Switching from Owner-Paid Utilities to Tenant Paid (Duplex)
For a duplex I'll be closing on soon, the utilities were owner paid. Is it fair to say that that can go out the window as soon as the current tenants are out (which they will be before close)? And if so, for anyone who has used the RUBS system, what is your rebuttal for the instance that is a tenant not using the utilities that my RUBS system calculates them for using? I understand RUBS is a mathematical way to assume what each tenant uses, but truly how accurate is it? And lastly, anybody have experience splitting meters, how hectic is that process?