All Forum Posts by: Benjamin J Paoletti

Thanks for the response, John. Lots of time wasted removing the garbage to the garage. And you are right most of the stuff has little value and is at the point where it is not worth messing around with. 

I think similar to you it would be good for me to establish a relationship with a local junk company. Bring in the community and businesses, get rid of the junk. 

Good point. I'm a fan of marketplace when I have the time. 

Inherited tenant ended up moving out and leaving behind a pretty decent amount of junk/ furniture.

Any recommendations for junk removal services in Chicago?

Thank you

To complete about 750 sq ft of residential flooring.

Interested in pricing mainly for vinyl and hardwood and potentially laminate and tile. 

Please PM me if you would be able to provide a quote this week.

House located in Irving Park. 

Thank you

Hey Daniel,

I am also in my early twenties and was struggling to find real estate deals for a couple years.

With low inventory and real estate investing become more popular, a majority of the best deals will get picked up in a couple days by an experienced investor or someone who has enough saved up to afford a large down payment or cash offer. We are also not going to win a multiple offer situation.

In my opinion, that leaves us, the beginners, to try and identify properties that have been on the market for awhile (30-90 days) and try to get a good deal.

A good deal could mean $25-$75k under listing price, seller credits at closing for down payment assistance or repairs, and finding a way to update the property to create sweat equity.

Hopefully that was some helpful advice. Message more if you would like to know how I purchased my first property about a week ago in Irving Park.

I appreciate the insight Eudith!

That's good advice and I will be attending part of the inspection process.

I just found an attorney, made sure they had a team.

Thank you!

Thanks for the response, John. 

The inspection is going to be three hours and so I decided it was reasonable pricing. Inspector has experience in multi-family units. 

They overquoted me just in case - property might come out to be little less than 3,000 finished sq ft. 

Thanks for the response Forrest. 

Great to know on the inspection price. 

I'll be sure to check out those attorneys as well. 

Hi everyone,

I am a new real estate investor in the Chicago area and I am in the process of closing on a multifamily 3 flat in Irving Park.

I was hoping someone could recommend any home inspectors with experience in older multi family homes and real estate attorneys.

This property was built in 1894 and is about 3,000 sq ft between the garden level, mid level, and top level units. I was quoted $687 for an inspection. Does this seem like an appropriate price for this kind of home? Any home inspector recommendations?

I am also looking for a real estate attorney. Any recommendations would be helpful as well.

Thank you in advance!