Price of water in Chicago & RUBS!

[Edouard Pierre]

Hello all! 

I'm a newer Chicago investor but very active RE Broker. I've noticed as a homeowner (BRRRR at the moment) and as an investor that the price of water is steadily rising and approaching the $125/month coast on a two/three-flat. I wanted to know who's has had some success using RUBS or any other technique in Chicago (maybe even Illinois) to help alleviate the heavy hit of this expense. I'm not sure if they're acceptable as I've never heard of anyone utilize this tactic here. Any advice, stories, and/or opinions would be very helpful! Thank you!!!

[Larry Smet]

I don't think it's common to charge back the water to tenants in Chicago so it would make it more challenging to find tenants. 

Always make sure you change the water to a metered account if it's unmetered.  Not only is it typically significantly less expensive but the metersave program guarantees that your bill won't be higher than an unmetered account for 7 years!  You can sign up for it through www.metersave.org or by calling the city water department.