Listen to this post! |
Introduction
When it comes to managing the budget for your community, it can feel like money is slipping away even while you are being savvy. But what if something could change the game? What if you didn’t have to shoulder a major cost and your residents could pay their share? Well, the truth is, you don’t have to shoulder the cost of utilities and residents can pay their share. There’s a billing method called a Ratio Utility Billing System (RUBS) that makes this possible.
What RUBS Does
What exactly is RUBS? Essentially, it’s a system that apartment communities can use to evenly distribute utility costs between residents. The system uses a formula based on number of occupants or square footage in a unit and divides the cost of utilizes for your property. (For more on what RUBS is, you can read our blog post here.)
Trash Management: The Best Kept RUBS Secret
You may already be familiar with RUBS and use it to bill residents for their utilities. But it is a little-known fact that trash management costs are considered a utility and can be passed back to residents with RUBS.
Did you hear that? Trash management costs can be passed to residents using RUBS. You can provide your tenants with a safer, cleaner community and maintain curb appeal without draining your budget. Trash management costs, including trash hauler service and other trash-management-related vendors, can be free to you.
We think it’s time to let the cat out of the bag. Using RUBS to pass back trash management costs as a utility doesn’t need to be a secret anymore.
What’s Next
At this point, you must be wondering what you need to do to begin using a Ratio Utility Billing System at your community. To make it easy for you, we created an e-book What Is RUBS? with a step-by-step guide to walk you through the process. It’s equipped with top quality advice, FAQs, resource lists and more.
Conclusion
As a community or property manager, you shape the living experience for your residents. By adopting RUBS, you pave the way for a well-taken care of community at no additional cost to you. RUBS changes the game. Instead of deciding between your budget and satisfied residents, you can have both. Distributing the costs for utilities, including trash management, decreases your operating expenses and allows you to utilize your budget in other necessary ways.
To learn more, download the e-book and change your budgeting game today.