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Updated over 8 years ago on . Most recent reply

User Stats

58
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8
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Alex Sanchez
  • West Chicago, IL
8
Votes |
58
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RE agent who I can trust and build wealth with? Illinois

Alex Sanchez
  • West Chicago, IL
Posted
I'm interested in creating a bond and partnership with a real estate agent/broker near the Aurora, IL area. Need to start my first deal.

Most Popular Reply

User Stats

14
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4
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Bill Flannagan
  • Aurora, IL
4
Votes |
14
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Bill Flannagan
  • Aurora, IL
Replied

@Alex Sanchez the red tape that @Elyse Moore is referring to involves a few things for the city of Aurora. In order to lease a property in Aurora you must first complete a Crime Free Multi-Housing Program Phase 1 - 8 Hour Seminar. Once you have completed the seminar you have to purchase a Property License. The renewal of the license was $90 this year. Then the city's department of Property Standards will do an inspection of the property to ensure that you are in compliance with all of the rules and regulations for rental properties in Aurora. At that time you will need to provide an executed copy of the lease, a signed copy of the City of Aurora's Landlord-Tenant Lease Addendum, as well as background checks on all tenants 18 years and older. 

Hope this helps explain the red tape for leasing in Aurora. Good Luck!

Bill

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