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All Forum Posts by: Michael G.

Michael G. has started 15 posts and replied 212 times.

Post: Ratio Utility Billing System (RUBS) for Duplex, Triplex, Fourplex

Michael G.Posted
  • Rental Property Investor
  • Brooklyn, NY
  • Posts 272
  • Votes 165

I use RUBS water billing (w/o submeters) for ALL of my Properties. Been doing it for over 10 years! (Best move I ever made!) Water usage went down 40% after we implemented RUBS...   We pay all the water always, then add their pro-rata share to their next monthly rent bill

Don't shouldn't ALL Landlords did this? It's a no-brainer...

One of the best things Ive done as a Landlord!

Post: Ratio Utility Billing System (RUBS)

Michael G.Posted
  • Rental Property Investor
  • Brooklyn, NY
  • Posts 272
  • Votes 165

I use RUBS water billing (w/o submeters) for ALL of my Properties. Been doing it for over 10 years! (Best move I ever made!) Water usage went down 40% after we implemented RUBS...

Don't shouldn't ALL Landlords did this? It's a no-brainer...

One of the best things Ive done as a Landlord!

Post: Sub meter utilities Rochester Syracuse upstate NY

Michael G.Posted
  • Rental Property Investor
  • Brooklyn, NY
  • Posts 272
  • Votes 165

I use RUBS water billing (w/o submeters) for ALL of my Properties. Been doing it for over 10 years! (Best move I ever made!) Water usage went down 40% after we implemented RUBS...

Don't shouldn't ALL Landlords did this? It's a no-brainer...

One of the best things Ive done as a Landlord!

Post: RUBS (Ratio Utility Billing System) for 5 unit building

Michael G.Posted
  • Rental Property Investor
  • Brooklyn, NY
  • Posts 272
  • Votes 165

I use RUBS water billing (w/o submeters) for ALL of my Properties. Been doing it for over 10 years! (Best move I ever made!) Water usage went down 40% after we implemented RUBS...  

Don't shouldn't ALL Landlords did this? It's a no-brainer...

One of the best things Ive done as a Landlord!

Post: Implementing RUBS/Submetering in Apartment Complexes

Michael G.Posted
  • Rental Property Investor
  • Brooklyn, NY
  • Posts 272
  • Votes 165

I use RUBS water billing for ALL of my Properties. Been doing it for over 10 years! (Best move I ever made!) I thought ALL Landlords did this?   It's a no-brainer... 

One of the best things Ive done as a Landlord!

Post: Landlord Advice And Suggestion Regarding Tenant High Water Bill

Michael G.Posted
  • Rental Property Investor
  • Brooklyn, NY
  • Posts 272
  • Votes 165

There is one VERY EASY & SIMPLE Solution for this:  RUBS (Ratio Utility Billing System) WATER Reimbursement / Rebilling  back to the Tenants. Very simple, easy to implement.    Tenants, and only Tenants, should be paying for their water that they use. This magically makes them much more sensitive to running toilets, and use much less water!  After we implemented RUBS Water billing, water suddenly went down by nearly 40%!

There have been many discussion about this here, but here are a couple...

https://www.biggerpockets.com/forums/52/topics/121910-i-declare-no-landlords-should-pay-for-their-tenants-water

https://www.biggerpockets.com/forums/52/topics/18485-why-do-landlords-pay-for-the-tenants-water-

Or just do a search for "RUBS" or "RUBS Water"  

 Ive been NOT Paying for Tenants' water for over 15 years, since day 1, and have never once regretted it for a moment.

Good Luck

Post: Seeking an amazing PM in Brooklyn NY for three 3-family buildings

Michael G.Posted
  • Rental Property Investor
  • Brooklyn, NY
  • Posts 272
  • Votes 165

If you're looking for someone to manage, maintain and also help with finding renters, then youll probably seek a full time PM -  Something we definitely don't want since it's not what were looking for.... Check above - There are a few Brooklyn PMs who responded to this request for info 

Post: Seeking an amazing PM in Brooklyn NY for three 3-family buildings

Michael G.Posted
  • Rental Property Investor
  • Brooklyn, NY
  • Posts 272
  • Votes 165

@Swaga Deb  - I ended up hiring a part time (on demand) maintenance manager who handles whatever is needed when it's needed.  This serves our needs perfectly, at a fraction of the cost of a PM

Post: Why Self Managing Investment Properties is CRAZY

Michael G.Posted
  • Rental Property Investor
  • Brooklyn, NY
  • Posts 272
  • Votes 165

@Kris Mann

Just checking - Your "VA" is your Virtual Assistant? $1500/mnth? (1099?)

Post: Meeting Up in Brooklyn, NY

Michael G.Posted
  • Rental Property Investor
  • Brooklyn, NY
  • Posts 272
  • Votes 165

i guess the question is Who will organize it? Is someone willing to step-up? (Late Sept please)