All Forum Posts by: Dennis S. Gelbart

Yep, DO NOT EVEN THINK of not using title insurance. If your title is wrong down the road, you will loose your shirt.

Dennis Gelbart

My Hassle Free Living 

Congrats on all accounts!!!

Go back to the contractors and see if there is a way to get the job done but with lowering the cost- maybe changing the scope of work. Of course there is certain work you must do, but cutting 5k here and 2k here can add up if its not absolutely necessary. Yes it may be sacrificing less work but is it something you can do later. Your objective is to get the place rented ASAP. Sitting empty is just a cash drain.

Dennis Gelbart

My Hassle Free Living

It depends how many pounds of refrigerant they need to add and what type. Yes it is high but only slightly outrageous. In Chicago 100 - 125 a service call is usual with  anywhere from 75-200 for refrigerant.

Good Luck

Dennis Gelbart

My Hassle Free Living

Andrew,

Best of luck. I love your plan. 

You deserve much credit for your choices. It will pay off big in the future. 

I live in the Chicago area and know this market well. I worked both on the South and West sides as well as somewhat North. We as a company decided to invest outside of the Chicago area due to high costs, high competition and lack of profitability. This is in Multifamily. I think in single family homes you probably can do better in Chicago.

Any questions feel free to communicate

Dennis Gelbart

My Hassle Free Living

I suggest calling a few brokers in the area and having them give some suggestions. If a certain name comes up again. Use that source.

Also try any type of service provider like a roofer or contractor. 

Dennis Gelbart

My Hassle Free Living

thank you. I tried it a while back. Seemed to be complicated. Let me try it again.

Best

Dennis 

I use a product which can grow as you do. It is free to start and if you add certain modules the prices are very fair.

it is a CRM (customer relationship management system) call HUBSPOT> It takes time but has many great features even in the free version. But do not devote too much time to the software. More important is to find deals.

Good luck.

Dennis 

Any suggestions on simple easy to use project management software that will NOT take 3 days to set up?  To start,  it should be free so I can test. I am more than willing to pay for it after I see if is adding value. There would be 1-3 people on the system at most. Many times only one

Thanks for your experience and input.

Dennis 

Thanks for your reply 

Multi family 4+ units