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All Forum Posts by: Connor O'Brien

Connor O'Brien has started 24 posts and replied 169 times.

Post: Stucco over brick

Connor O'BrienPosted
  • Chicago, IL
  • Posts 172
  • Votes 84

Anyone own a 1920s Chicago brick building with stucco over a brick wall? 

I patched the stucco with brixement (lime and Portland) a couple years ago. This year water and Ice got behind my patches and they all fell off! The original stucco seems to hold up pretty well. It looks like it might have paint on top that keeps the water out? 

Anyone know the right material to use? 

Thanks in advance!

@Eudith VacioWhat about 5+ in NWI? Also, @Jonathan Klemm We need a documentary/class on how you rehab a small multi family!

Hi All, 

I'm curious if anyone has experience using short term capital gains for an opportunity zone project. 

Or does it need to be "capital gain" (property owned at least 1 year and 1 day)? 

thanks in advance! 

-Connor 

Post: Need help reviewing this Agreement

Connor O'BrienPosted
  • Chicago, IL
  • Posts 172
  • Votes 84
So you are the sole member and manager? Or is there another party involved?

Post: Section 8 tenant in a high rent area

Connor O'BrienPosted
  • Chicago, IL
  • Posts 172
  • Votes 84

They also talk about taking additional rent from tenants above the voucher in episode 53- spoiler: it’s illegal and can get you kicked out of the program

Post: Section 8 tenant in a high rent area

Connor O'BrienPosted
  • Chicago, IL
  • Posts 172
  • Votes 84

Listen to episode 53 of the “straight up Chicago investor” podcast

they go over all things CHA. I’ve listened to it like 10 times. 

My main take away - and what I recently did on a listing I had - was to request their “rent burden worksheet” 

This document spelled out in plain English what their “maximum rent” is. It’ll tell you right away if they can afford it. Most serious applicants had no problem sending this document to me 

Hi Joe, I’m currently trying to do this with the series 65- I personally agree that it’s worth it- especially since we’ll be learning as we go. I’d love to connect and hold eachother accountable. 

STCUSA.com seemed to be the highest value study resource in my research