All Forum Posts by: Jason Albasha

Hi Paul, I'd be opening to meeting and seeing if I can offer any help to get you started. DM'd you. 

Lakeside Bank keeps their commercial loans in-house so they can be more flexible. I believe Byline also has good programs. 

Good to hear, best of luck.

Hi Henry, I don't have a contractor who works that area although I'm curious how your property turned out.

Were you able to BRRRR it?

Good luck

Just did this in Jefferson Park. You'll need a new meter and electric panel. Had to update the other meters as well and it ran me about $3,500. You have to have an electrician prepare everything and he tells ComEd, then ComEd will come out and install the new meter within a month. Message me and I can refer an electrician who was great to work with. 

Whatever action you plan on taking, I'd send the lease and complaint to your lawyer and get their input first. 

Jerry, thanks for the reply. It's a fairly large brick building, 3/1 in each of the other units.

I seriously believe that spending, even a couple hundred, to make the place nicer would be worth it. Getting a better tenant (and them being happier living there) would be worth the money, let alone any increase in rent. It's walking distance to NEU and would serve a student well. I'm not updating an appliance which would eventually need to be replaced, this would be a permanent solution.

There's hardwood flooring, new kitchen & bath tiling as well as fixtures yet the ceiling was ignored and doesn't match at all (I think he started updating it and decided to sell). Wondering what my options and costs might be.

I recently closed on a 4 unit and there's a non-conforming 5th unit with drop ceilings. The unit is currently vacant and, as you can imagine, the ceiling isn't the prettiest thing.

Any ideas of what can be done to perk it up? Any particular tile that's worked well for you previously? Has anyone weighed the cost-benefit of replacing with drywall? 

Thanks in advance

Edit: It's a 1/1 between North Park & Lincoln Square area to give you an idea of the clientele it'll be serving.