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All Forum Posts by: Oliver Francescatti

Oliver Francescatti has started 3 posts and replied 3 times.

I own a 3 flat building in chicago. Roof(flat membrane) was repaired 3 years ago due to a lighting strike.  It started leaking again and I had the contractor back out(apparently this was not under warranty).  There is a pretty significant sag in an area of the roof.  They gave me a work order describing that they would remove the area affected, make repairs, install insulation, base sheet and membrane.  Long story short - they went up to the roof and basically just put some plywood and insulation down to shore up a sagging area and installed some membrane over it(2 hours of work). I complained that the work done was not what was described and they said that they decided that what was done was sufficient.  My question is - Is this something commonly done?  if not, what recourse do i have?

Thank you in advance for your help and I hope you all are having an awesome day!

Post: Looking for investment opportunities in Chicago

Oliver FrancescattiPosted
  • Chicago, IL
  • Posts 3
  • Votes 0

I am a software developer that has just gotten my real estate license.  Have read a couple of the biggerpockets books and looking to get my feet wet.  wondering where the opportunities are in chicago.  I have been looking in the mls and cant seem to make the numbers work, even with a sizable down payment.  I am sure there are deals available but I am just not looking in the correct areas.  any insight would be greatly appreciated

About ready to close on a 3 flat in Chicago and need insurance.  Getting different info from a couple of insurance providers regarding policy "add-ons" and umbrella coverage.  Does anyone have a recommendation on an agent that is experienced in multi unit properties?

If not, what type of coverage/riders are needed for a multi-unit building?