All Forum Posts by: Filip Petrevski

Hey all!

I have come across an owner of a fairly large commercial building 16K sqft. It has a large warehouse, 2 loading docks and office space in the front. He is a gentleman that owns multiple real estate properties, but is looking to get rid of them to get more money for an overseas investment opportunity.  He is trying to find a cash buyer, or someone that can put some money down and the owner will finance the rest. I think this can be a good opportunity for an ambitious investor. The property has potential to be converted into multiple suites, and the taxes on it are relatively low at 14k. It is less than a mile from I-94 in Elgin, IL.

My question is what would be the best place to market this property on here? He does not want to use a conventional real estate agent. I know a lot of investors really like owner financing so I just wanted to ask you all your thoughts about how to reach the largest number of investors that are looking for a creative way to purchase a property like this.

Any help is greatly appreciated. Thanks!

John,

Thanks for your reply. I looked more into the security deposit laws in Chicago, and you are right. I will look at going to a move in fee going forward.

Hey Chicago,

I am wondering what residential leases you all use. I purchased my first property within the city and have a vacancy in one unit. I am showing the property this weekend to potential tenants and wanted to make sure I use the best lease I can. Any other tips for a first time landlord in Chicago would be greatly appreciated.

Thanks!

Hi all!

I am looking for recommendations for really good home inspectors. I am closing a purchase of a 3 flat near Midway and want to make sure there are no issues with the property. The building itself is a fairly old frame, and the seller has stressed "AS-IS" a little bit too much and has got me a little worried. I think it is a great deal so want to make sure everything is good to go. Thanks!

 John,

Per Brie's suggestion I contacted the support team. They are saying there is a bug causing the issue that they are working to take care of.

 I really appreciate your patience Brie. I think it might be a system error at this point. It really does not show me any other forums when I search. Maybe I dont have access to do so as a new member?

 As Richard Lee said, nothing populates after you type in Chicago or any other sub-forum. 

 This is what i see at this point:

@Brie Schmidt When I click the Start a Discussion button from the Chicago Local Real Estate page it asks me to "Pick a Forum Category", none of which are local forums. It will then post to whatever general category I select.

As the title says, I have no idea how to post in the local real estate forums. Have a market specific question. Any help is appreciated.

Thank!