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All Forum Posts by: Jon Loca

Jon Loca has started 16 posts and replied 59 times.

Post: what is a Smile City?

Jon LocaPosted
  • Rental Property Investor
  • Saint Paul
  • Posts 62
  • Votes 14

I've heard the phrase smile city and don't know what that means. Anyone here know what a smile city is?

Post: Best Chicago Neighborhoods for Appreciation

Jon LocaPosted
  • Rental Property Investor
  • Saint Paul
  • Posts 62
  • Votes 14

@Henry Lazerow Thank you Henry for your insight. Timing markets is difficult, I'm fearful in these times especially with interest rates rising. 

Post: Best Chicago Neighborhoods for Appreciation

Jon LocaPosted
  • Rental Property Investor
  • Saint Paul
  • Posts 62
  • Votes 14

Thank you all for response and information. I agree that appreciation alone isn't sufficient and I also invest for a health cash flow. Sounds like being close to a transit line is critical. 

Post: Chicago Real Estate Meet up

Jon LocaPosted
  • Rental Property Investor
  • Saint Paul
  • Posts 62
  • Votes 14

@Scott T.@Jonathan Klemm@Henry Lazerow

Thank you guys! I look forward to attending the events. 

Post: Best Chicago Neighborhoods for Appreciation

Jon LocaPosted
  • Rental Property Investor
  • Saint Paul
  • Posts 62
  • Votes 14

I'm a seasoned investor but new to the Chicago area. What neighborhoods do people believe will appreciate the fastest in the next 5 years?

Post: Chicago Real Estate Meet up

Jon LocaPosted
  • Rental Property Investor
  • Saint Paul
  • Posts 62
  • Votes 14

Are there any good Real Estate meet ups in Chicago? 

Post: Is this a good way to estimate Capex?

Jon LocaPosted
  • Rental Property Investor
  • Saint Paul
  • Posts 62
  • Votes 14

You could look at Public Returns from REITS and see what they are spending on CAPEX. I found something from 2013 that stated 21% of apartment revenue went to CAPEX but data is coming from institutional investors which I would argue pay less in CAPEX than the regular investor.

Post: Population Trends and Data Science in Real Estate

Jon LocaPosted
  • Rental Property Investor
  • Saint Paul
  • Posts 62
  • Votes 14

@Mark Shaver could you share the papers and discussion with me? 

Post: BP Buy & Hold Calculator for Short-Term/Vacation Rental

Jon LocaPosted
  • Rental Property Investor
  • Saint Paul
  • Posts 62
  • Votes 14

Yes thank you. Very well done. 

Post: Minnesota Appraisal Help

Jon LocaPosted
  • Rental Property Investor
  • Saint Paul
  • Posts 62
  • Votes 14

Thanks everyone. I'm going to chalk this up to a loss and move on.