All Forum Posts by: Maria Bocanegra

@Jeff Burdick - maybe you could call the garage builders in town and see if they could take some of that off your hands or maybe they can point you in the right direction.

@dorothywulf - can you PM me the contractor?

thanks everyone- these numbers are helpful and seem to be in the ranges we googled. The BP community is helping once again!

thanks Brie! Helpful! I actually contacted Danley's via email and hope to hear from them! We wanted to ask the BP community too! We will keep you posted!

What is the average labor/material cost to build a 2-car framed garage in Chicago? We need concrete poured too, along with electrical.  We realize this may require permits, etc. but are looking for a general range

Thanks!

all great pointers guys! I feel like this part of the whole equation is where I lack confidence to make offers. I will watch those videos and find a GC to come with me!

hello all! i am wondering how you all estimate repair/rehab costs when you don't have a GC or contractor readily accessible when seeing a property? i have some ideas on things like costs for granite countertops, appliances, refinishing floors, etc. but what about the more complex stuff - how do you all estimate this? 

I found a website called Homewyse that gives low and high estimates, but i am not sure as to its accuracy or reliability. 

Thanks for any advice, leads, additional websites or GC recommendations in Chicago!

thanks everyone for the welcome and advice!

Still looking into LLC/S-corp for tax strategy - incidently was just listening to the BP podcast on this and Brandon Hall had some good points just like @Thomas Franklin!

Right now, I'm only interested in residential and as far as I know and feel comfortable with (risk wise) is condos, of which there are plenty here in Chicago proper. SFRs are either expensive or require too much work in terms of fixing and I know I'm not comfortable with taking on that kind of project. I am interested in 2-3 unit flats or walk-ups, which I guess is the equivalent of duplex, triplex speak on here. It took me a bit to narrow down my interest and capacity for risk but again, I have the BP community to thank for forcing me to think it through!

@Dorothy Wulf- nice to meet you here too - please do keep me in mind and I will you as I begin this amazing growth opportunity!

@Chris Titcomb - nice to meet you here! Let me know if you ever have time to grab coffee and trade real estate stories - or legal ones too!