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All Forum Posts by: Jennie Berger

Jennie Berger has started 16 posts and replied 246 times.

Post: Bronzeville Neighborhood in Chicago

Jennie BergerPosted
  • Developer
  • Chicago IL
  • Posts 255
  • Votes 176

We invest on the NW side of the city so I'm not familiar (from a practical standpoint) with Bronzeville. But word on the street is--it's a BIG FAT YES of an area! I want to learn more about it myself. Please let us know how your journey goes and welcome to BP! :)

Jennie Berger, Property People

Post: Important Things to Know Before Investing In Chicago

Jennie BergerPosted
  • Developer
  • Chicago IL
  • Posts 255
  • Votes 176

"Every neighborhood is different no matter how close together they may be." I am still constantly amazed at how TRUE this is! I've lived in quite a few large cities in my life--NYC vicinity, Miami Beach, Los Angeles, San Diego, and now Chicago. And Chicago is SO different from all of them--in so many ways--but particularly with regards to real estate. Chicago is literally comprised of micro neighborhoods & communities, and the decision to invest in any given area must be determined on a house by house, block by block, basis. Totally agree about the access to CTA lines--one of the greatest benefits of living in the city--having a world class, reliable public transportation system at our disposal. 

Post: New to wholesaling. Is this a plausible deal?

Jennie BergerPosted
  • Developer
  • Chicago IL
  • Posts 255
  • Votes 176
Originally posted by @Will Barnard:

" Lock it, blast it, and hope is not a good business practice and this advice likely violates RE licensing laws in the state...Advising someone to violate laws is never a good idea."

While I agree with you that it 'might' not be the best business practice, I'm genuinely curious-- which law(s) you are referring to that would be violated by the actions you mentioned above? I'm not currently aware of any and it would be helpful to have some clarification. 

PS: I don't see how @Jonathan Klemm was advising anyone to break any laws. Insinuating that he was, however, is what I would consider 'not good business practice.' 

Just some food for thought.

Post: Unique property design ideas...

Jennie BergerPosted
  • Developer
  • Chicago IL
  • Posts 255
  • Votes 176

Hey @Anna Laud! What a fun project. And one I can identify with, as we are 95% done with a gut rehab of a 1915 home in NW Chicago which, like yours, came with a ton of original woodwork. 

Unfortunately, we were not able to save the trim or casings because retrofitting them to all the new items & upgrades would have been cost prohibitive. However, we did salvage many of the original 7ft oak doors, floors, and the entire staircase. Now, that being said, our wood was absolutely beautiful.  :) Your wood? I'm SO glad you posted pictures because I, three, was envisioning a totally different type of wood. 

In case you needed more feedback (LOL), I'm 100% with @Seth Larson & @Aaron Schrader--PAINT THAT WOOD and modernize it the best you can! Even though our wood was gorgeous, I decided to paint our doors and staircase (combo of sanding/staining the treads and painting the balusters & handrail) because I felt leaving them the original darker color would have completely dated the house. As a compromise--because people in Chicago do love & appreciate some old world charm--we have gone with design fixtures and finishes that are modern/deco inspired. We're not totally done but below are some progress pictures.

I'd like to see your 'AFTER' shots when you complete this project, if you don't mind sharing. Good luck!

Jennie Berger, Property People

Post: Chicago Investor Friendly Contractor

Jennie BergerPosted
  • Developer
  • Chicago IL
  • Posts 255
  • Votes 176
Originally posted by @John Warren:

@Andrew Heinzmann I will send you the GC I have been using as well. He just finished up a large project for me in Berwyn, but he covers most of the city. 

John- can you send me the contact info as well? If your GC does full gut rehabs and new construction in the city...thanks!

Originally posted by @Brie Schmidt:

You have never been allowed to do AirBnb on any unit in a 2-4 unit properties unless it is the unit you personally occupy

I didn't realize this. I figured since I fully own the 2-4 unit (I don't have one yet, I'm just saying hypothetically :) I could/should be able to rent it to whomever I want. And for any duration of time. I guess after having lived in East TN for 10 years (and in FL at other points in my life), I'm still just baffled by how much control the city has over these types of things... It is MY home. Or, is it?

Originally posted by @Nicholas Bailey:

The city doesn't HAVE to give you an exception to your existing zoning requirements.

Would you be so kind as to clarify what you mean? Not quite understanding...thanks!

Originally posted by @John Clark:
Externalities. Your neighbors didn't sign up to live next to a hotel, they expect either another homeowner or a long-term renter. The increased traffic and rowdy behavior of vacationers and other short-term transients imposes costs (direct, indirect, and quality of life) on your neighbors.

That's WHYYYYYY.

LOL.You're assuming all vacationers are rowdy and disrespectful. I'm certainly not that type of traveler. And anyone who rents to someone (short OR long term) they don't vet properly (through VRBO, Airbnb, or other similar sites) is doing themselves a huge disservice. 

Post: Chicago Buyer Unresponsive after Inspection Reply from Seller

Jennie BergerPosted
  • Developer
  • Chicago IL
  • Posts 255
  • Votes 176

@Noah Lomax Any updates on how this progressed? Just read the thread and hoping it all worked out for you. Keep us posted!

Post: Wholesaling - IL Rules & Illinois Department of Financial Regu

Jennie BergerPosted
  • Developer
  • Chicago IL
  • Posts 255
  • Votes 176
Originally posted by @Jonathan Klemm:

@Jennie Berger - I'd recommend taking the test and getting your license. Tests are always nerve-wracking, but if you don't pass who cares, you can just take it again! YES YES, you are right and I know it! :D