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All Forum Posts by: Matthew M.

Matthew M. has started 3 posts and replied 3 times.

Post: Gauging Interest in Drone Photography in the South Suburbs

Matthew M.Posted
  • Real Estate Professional
  • Chicago, IL
  • Posts 4
  • Votes 0

Hi Guys,

After perusing through hundreds and thousands of real estate listings, I am dabbling with the idea of starting a drone photography business. I have a couple of questions I'm hoping you can answer:

1. To sellers and real estate agents, would you be interested in using drone photography to increase the appearance of your listing?

2. How much would you be willing to pay?

3. If you have used a drone photography business before, how much did you pay the photographer?

Post: First Time Buyer in Orland Area - Home and later investment ppty

Matthew M.Posted
  • Real Estate Professional
  • Chicago, IL
  • Posts 4
  • Votes 0

Hi All,

My fiance and I are in the process of looking for a single-family home in the Orland Park, Homer Glen, Tinley Park area. We currently rent and feel like we are wasting money paying $1,800/month for a 1-BR and not having anything to show for it.

Our average household income is $160,000, our budget is around $300k and we are looking to put ~5% down on a house. My credit score hovers between 780 and 795.

Outside of some browsing on Zillow, we have not done much research in the home buying process. 

Our goal is to buy a smaller, more affordable single-family home, live in it for a few years, and eventually sell or rent it out. Possibly BRRRR process.

Can anyone in the area offer some insight on where to get started? Any tips/advice from local investors?

Thank you

Post: First Timer Looking to House Hack in Chicago Area

Matthew M.Posted
  • Real Estate Professional
  • Chicago, IL
  • Posts 4
  • Votes 0

Hey guys,

I am very new to BP and this forum, and I'm doing as much research as possible. I am 25 years old, and I'm looking to house hack a duplex/triplex/quad within the Chicago area. My annual income is approximately 70,000 / year, with approximately $1,400 in monthly expenses and a 750 credit score. I can put down about $10,000 and am looking to get an FHA loan for my first deal.

My questions are, does this seem possible within the Chicago area? Sure, there's plenty of cheap deals out there, but a lot of those are in the warzone.

I am looking for something relatively close (within 45 minutes) of Midway airport, as I do a lot of traveling for work. Can some local guys offer some advice as to what / where I should be looking? I understand that this is a vague question, but I'm looking for some help/guidance as to where to start.  I am a commercial (multi-family) inspector by trade, so I have some decent experience in that side of the real estate game.

Given my credentials listed above, what do you think I can afford? 

Thanks in advance.