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Updated about 8 years ago on . Most recent reply

User Stats

115
Posts
64
Votes
Todd Magin
  • Rental Property Investor
  • Potomac, MD
64
Votes |
115
Posts

Anyone using RUBS in Baltimore?

Todd Magin
  • Rental Property Investor
  • Potomac, MD
Posted

Does anyone have experience in using RUBS (Ratio Utility Billing System) in Baltimore?

How is it received by tenants (not well, I assume)?  I have a property I'm under negotiations with whose rents are under market AND the tenants are not paying utilities either.  I figure that I'll bump rents one year and then introduce RUBS the next.  Everyone is also on month-to-month, so they may all leave at the same time.

I wanted to get some feedback here before I finalize the deal so I can get a better outlook on possible future returns.

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