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Podcast: The Real Estate Espresso Podcast
Episode: Sub Metering to Control Apartment Expenses
Description: On today’s show we are talking about how to gain additional control over the expenses in your commercial buildings. Some buildings were designed with a single electric meter and a single water meter. This makes it difficult for a landlord to recoup the costs associated with these variable expenses. Some buildings use a RUBS method. RUBS is an acronym which stands for Ratio Utility Billing System.Instead of each unit having its own meter to measure individual consumption, the total cost of the utility for the entire property is divided among the tenants based on a...