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All Forum Posts by: Eric Tan

Eric Tan has started 19 posts and replied 64 times.

General Landlording & Rental Properties

Post: Submetering Water in Chicago

Eric TanPosted
  • Rental Property Investor
  • Park Ridge, IL
  • Posts 67
  • Votes 14
Originally posted by @Nick L.:

Charging water back to tenants is usually a lot cheaper than submetering. You can charge by number of occupants, number of bedrooms or an even split.

 Thank you for the input Nick. This was actually our first option to raise rent based on Chicago's 6 month water estimate. 

1 Vote
General Real Estate Investing

Post: Project BP 2/6/16

Eric TanPosted
  • Rental Property Investor
  • Park Ridge, IL
  • Posts 67
  • Votes 14

Hello everyone, I'm new to BP and REI. Please let me know of future trips.

1 Vote
General Landlording & Rental Properties

Post: Submetering Water in Chicago

Eric TanPosted
  • Rental Property Investor
  • Park Ridge, IL
  • Posts 67
  • Votes 14
Any advice on Submetering water in Chicago? Online search results point towards Guardian, can anyone recommend any other company to compare quotes and service? Any help would be great.
1 Vote
New Member Introductions

Post: Eric from Park Ridge, IL

Eric TanPosted
  • Rental Property Investor
  • Park Ridge, IL
  • Posts 67
  • Votes 14

I'm Eric, my wife and I are interested in buy and hold properties. We currently have one two flat and would like to accumulate 3 more two flats or 6 more SFH in the next 4 years or so. We would like to connect with people in the Chicagoland (north - northwest side), but are open to other areas that are within our parameters. Looking forward to learning from everyone.

1 Vote