All Forum Posts by: Jessica H.

@John Yousef Could you please send me your CPA referral too? Thank you!

@Jonathan Klemm Thanks Jonathan, I don't have any properties currently, I'm still in the research phase and making sure I have everything in order.

@John Warren Thanks John!

@Kevin Sobilo I remembered that after I made this post lol, thanks!

@John Warren What you said makes sense, to follow the CRLTO since I don't plan on living in the building forever so I should get familiar with it now, thanks!

Hi BP! 

I'm planning on purchasing a 3/4-unit in the near future and wanted to gut check my utility estimates for my analyses, specifically for steam radiator heating. I was wondering if someone could please share what the avg cost has been to run this within the past year & how many units/rooms your property has. I understand that it depends on a lot of factors, such as the condition of the boiler, window insulation, etc but just wanted to see if I'm in the same ballpark. I'd greatly appreciate it, thanks in advance!

@Kyle D Birch Thanks Kyle! I'm revisting this post and was wondering if both your properties are metered or unmetered for water?

Hi BP!

On the city of Chicago site, it states "The ordinance covers most rental properties located in Chicago except units in owner-occupied buildings with six units or less."

It seems that the Chicago Residential Landlord and Tenant Ordinance is disregarded if I am househacking a small mult-unit.

 Does anyone know why this is? For any landlords that have encountered this, how have you handled this? If I wanted to include what is covered in the ordinance, would I just need an addendum? Since it appears I would not be held to the city's ordinance, can I pick and adjust what I want to be included? Any guidance/referrals is greatly appreciated!

@Henry Lazerow That makes sense, thanks!

@Tan Su Thanks for sharing!