All Forum Posts by: Connor Chatlos

Hi All,

Looking at some potential BRRRs in some satellite cities of Chicago. Just moved here less than a year ago. Does anyone have or know a place to find some general contractors? Really trying to get a hold of construction costs for certain home fixes. 

Also, where is a good place to estimate rehab costs based on a specific property? Want to get better at coming with more accurate numbers. 

Thanks!

Hi all,

I am looking to become a new investor in the city of Chicago, as I just moved here! A partner and I are looking to get into house-hacking mid-late next year and are starting the process early. I just have a quick couple of questions regarding my real estate license and was hoping someone could help me out!

1. I have my license in the state of Colorado, and am planning on getting my license in Illinois since its reciprocal.

2. I plan on holding my license under my employer, since they are a managing broker

- Will my managing broker see deals that I complete if my license is held under them? 

3. My new managing broker does not have a transaction coordination team, and with all of the deals I completed in Colorado, I never once had to run through the deal process after signing on a house to get my client to close. Is this process pretty self explanatory if I just follow the correct steps? Does BP have any tools that could help me to make sure that I am staying on top of everything prior to the closing table? (ex title transactions, inspections, earnest money, etc). 

4. I would love to meet to discuss with some BP members either in the Chicago or Denver markets! If anyone has any agent connections that I could get in touch with to discuss best practices, that would be super helpful!

Open to all suggestions - thanks all!

Hello all! 

My name is Connor, and I am new to the BP community! I have listened to the BP Podcasts for a some time now, and thought I would pull the trigger on joining the community! I have experience as a Residential agent in Denver, CO and as a commercial Leasing Associate in Chicago, IL.

I am planning to purchase my first rental home here in the next year or so and make it my primary residence. The goal is to go the house hacking route. Happy to connect with anyone in the Denver or Chicago markets to learn more about what to expect. 

Great to meet you all!