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All Forum Posts by: Eddie Allen

Eddie Allen has started 3 posts and replied 5 times.

Post: Property Management Firms

Eddie AllenPosted
  • Professional
  • San Diego, CA
  • Posts 5
  • Votes 0

Can anyone recommend a good property management firm that serves south side and west side of Chicago?

Hey guys, I'm looking for a transaction lawyer that knows contract law for real estate in Chicago, IL. Want a professional who can draft purchase and sale agreement for potential acquisitions. Can anyone recommend someone?

Post: Investing in Chicago MF

Eddie AllenPosted
  • Professional
  • San Diego, CA
  • Posts 5
  • Votes 0

I've identified 8 properties and will finance with a local bank. Bigger banks are touching south side it seems. Do you have recommended banks that will finance properties in lower income neighborhoods.

Post: Investing in Chicago MF

Eddie AllenPosted
  • Professional
  • San Diego, CA
  • Posts 5
  • Votes 0

Thanks Mark. I just found another BP blog discussing Section 8. Why do you say Cook County is a plus over Chicago?

Post: Investing in Chicago MF

Eddie AllenPosted
  • Professional
  • San Diego, CA
  • Posts 5
  • Votes 0

I am looking to invest in  a 7-unit MF apartment in Chicago market, specifically between Cicero and Oak Park. Does anyone have feedback or experience in this market? I've been told landlords don't have a lot of leverage should renters  decide not to pay there rents. Any issues with Section 8 renters?