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All Forum Posts by: Paul De Luca

Paul De Luca has started 14 posts and replied 1697 times.

Post: Do I need to get a new lease in my name for existing tenant

Paul De Luca
Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 1,745
  • Votes 1,404

@Calvin Rappard

The existing leases you inherit are binding so there's no need to modify that to have your name on it. For the lease renewal of course you'll want your name on it.

Post: Lease for renting out a Garage

Paul De Luca
Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 1,745
  • Votes 1,404

@Cardiay Watson

Perhaps you can use a standard lease form and just specify only the garage is being rented out?

Post: New Member To BiggerPockets!

Paul De Luca
Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 1,745
  • Votes 1,404
Quote from @Jaiden Young:
Quote from @Paul De Luca:

@Jaiden Young

Welcome and nice work on getting started with your self-education!

I totally agree with @Travis Timmons on starting your investing journey by house hacking a 2-4 unit property. That's how I started and I continue to house hack to keep growing my portfolio. It just makes a lot of sense here in Chicago.


 Thank you for the reply! I also had an idea that house hacking should be my beginning strategy in my plan. If you have any advice or things I should consider I am all ears!


 I've house hacked multiple times in Chicago so feel free to PM me any questions you have!

Post: New Member To BiggerPockets!

Paul De Luca
Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 1,745
  • Votes 1,404

@Jaiden Young

Welcome and nice work on getting started with your self-education!

I totally agree with @Travis Timmons on starting your investing journey by house hacking a 2-4 unit property. That's how I started and I continue to house hack to keep growing my portfolio. It just makes a lot of sense here in Chicago.

Post: Newbie to real estate

Paul De Luca
Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 1,745
  • Votes 1,404

Welcome @Jaime Zarate!

What's your strategy for getting your first investment property?

If you're located in Chicago, I recommend checking out the Straight Up Chicago Investor podcast and other resources they have on their website.

Post: CPA recommendations in Chigao

Paul De Luca
Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 1,745
  • Votes 1,404

Post: Looking for investor friendly CPA in Chicagoland!

Paul De Luca
Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 1,745
  • Votes 1,404

Post: Having a hard time renting ONE unit in south loop

Paul De Luca
Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 1,745
  • Votes 1,404

@Tina Kapur

Sorry to hear that! Are you sure you have it priced right? Did you pull comps?

Post: Seeking Recommendations for Investment-Friendly Managing Brokers in Chicago Area

Paul De Luca
Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 1,745
  • Votes 1,404
Quote from @Julin Shah:

Hello BiggerPockets community!

This is my first post here, and I’m excited to connect with local, like-minded investors. I recently passed my real estate exam in Illinois and am looking for a sponsoring broker who is particularly investor-friendly. My primary focus will be working  on my personal transactions and potentially helping family and friends, with a long-term goal of diving into real estate investing.

If anyone has recommendations for managing brokers who are investor-savvy, and supportive of part-time agents, I would greatly appreciate your input!

Looking forward to hearing your suggestions and learning from this community!


 Our team could be a good fit. DM me if you have any questions!

Post: Chicago based Architect

Paul De Luca
Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 1,745
  • Votes 1,404