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All Forum Posts by: John Warren

John Warren has started 97 posts and replied 5897 times.

Post: I PASSED MY IL BROKER EXAM-IM READY!!

John Warren
Posted
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
  • Posts 6,026
  • Votes 5,073

Congrats! Check out Chicagland Brokers. I have been happy there and the low cost of maintaining a license is very "investor friendly"!

Post: Rotted wood repair

John Warren
Posted
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
  • Posts 6,026
  • Votes 5,073

Where is the wood? I have a piece of rotting fascia board on a building. I ended up scraping it, caulking all the gaps twice and painting it a lot. It looks good from the ground and bought me a few more years. 

Post: Maintenance costs are for real!

John Warren
Posted
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
  • Posts 6,026
  • Votes 5,073

So this last week one of my tenant's called from the building my wife and I just closed on three months ago. The kitchen sink wasn't draining, so I headed over like a good landlord. I started taking the p trap off, and then the galvanized pipe broke in the wall... awesome...

One call to a contact from the local REIA to get a handy man/plumber, and $290 later the sink is back in operation.

Lesson learned! Operating costs happen, and you can't fix everything yourself!

Post: Replacement Window Measurement

John Warren
Posted
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
  • Posts 6,026
  • Votes 5,073

for sure! I did the labour myself and paid about $220 per window. 

Post: Advice finding sponsoring broker Illinois to hang license for fee

John Warren
Posted
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
  • Posts 6,026
  • Votes 5,073

I am with Chicagoland Brokers. It is not "free" but it is 100 percent commission and low cost per month. I can refer you if you would like. PM me for more info. 

Post: Replacement Window Measurement

John Warren
Posted
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
  • Posts 6,026
  • Votes 5,073

You might ask around to find a local window place. We replaced 26 windows, and we bought them from a local building supply store. They were much nicer than the home depot ones, and they were cheaper too...

Post: First Direct Mail Attempt!

John Warren
Posted
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
  • Posts 6,026
  • Votes 5,073

Wow those zip letters are pretty intense looking @Michael Quarles! What site do you use to make those?

I was looking at Postcardmania.com for my postcards, but those things look like they would get opened pretty often!

Post: First Direct Mail Attempt!

John Warren
Posted
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
  • Posts 6,026
  • Votes 5,073

Hello BP community!

My wife and I are getting ready to start a pretty serious marketing campaign. We have noticed that the MLS in our area is full of the same tired/overpriced properties, so we decided to prepare for our first direct mail campaign. We would love your feedback on our plan!

We are looking into using Postcardmania.com to mail postcards to the two towns we are focusing on. We will probably mail every two months the first three times, and then start mailing every three months.

Our strategy is to focus primarily on single family homes and small 2-4 unit buildings. Has anyone had any success with a particular mailing list or type of mailing list when they do this? We are hoping to find owner-financing deals and other types of low money down deals, although we have a little cash if we find the right deal!

Post: New investor in cook county illinois

John Warren
Posted
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
  • Posts 6,026
  • Votes 5,073

Welcome to the BP community! There is a lot of great information on here.  I am just a few minutes down the river in Riverside. What kind of investing are looking to get into?

Post: Stephen Form Naperville Illinois

John Warren
Posted
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
  • Posts 6,026
  • Votes 5,073

Welcome to BP and congrats on buying your first home! I highly recommend the podcasts if you want some great insight to buying rentals. I have learned a lesson hearing what others are doing! You also hear what books people are reading which can help you get more education as well!