Adding a Conforming Additional Dwelling Unit (ADU) in Chicago
Friday, April 05
Adding a conforming additional dwelling unit (ADU) to a non-ADU zone building in Chicago - what a mouthful of a title! And guess what — the process is just as convoluted. This topic comes up quite a bit in Chicago real estate realms and deserves some attention and explanation. But first I’ll expl...
What's "Luck" Got To Do With It?
Wednesday, March 13
How much does luck play into success in real estate? For me, quite a bit! And I’m sure the same is true for a lot of folks reading this. I’m a firm believer in that adage “the harder I work, the luckier I get.” The real estate journey I’ve been on has been a get rich slow train — and I honestly ...
Multifamily Investing in the Chicago Market
Wednesday, February 28
The Chicago multifamily real estate market can be complex, and at times filled with potholes and landmines. It is extremely vital - if you are going to invest in multifamily properties in Chicago - that you do these four things: 1. BE CONSERVATIVE IN YOUR UNDERWRITINGThink your taxes are going to...
Why I Chose to Start a Property Management Company
Wednesday, February 07
Property management is an incredibly tough business. Tenants can be challenging to keep happy, owners even more so, customers are hard to acquire, margins are low and the risks are high. Why anyone would willingly get into this business is beyond me. Property management is, however, a critically ...