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Updated over 8 years ago on . Most recent reply
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Switching to tenant paid utilities in Phoenix
Hey all,
We have a recently acquired 16 unit complex in Phoenix, Arizona that has historically had owner paid utilities. This is the standard for properties like ours in the area, and our PM said he hasn't seen anyone set up RUBS. Is it worth attempting to switch to tenant paid utilities? If so, what is the best strategy to make the switch in an area where it's uncommon? Thanks!
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Define utilities?
I find it very common for tenants to pay electric and gas but landlord supplies water/sewer/trash. I am familiar with rubs but haven't seen anyone implement it. Based on my experience with tenants, paying all utilities wouldn't be an issue, the question would be how long would it take you to recover the cost of implementation?