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All Forum Posts by: Timothy Pauldon

Timothy Pauldon has started 5 posts and replied 12 times.

Post: How To Acquire Your 1st Rental Property without...

Timothy PauldonPosted
  • Real Estate Agent
  • Chicago, IL
  • Posts 12
  • Votes 7

@Marlen Weber So true! I’m at the point where I’m ready to go but haven’t worked out the financing piece. Still working between trying to find a portfolio lender or a conventional loan. It’s my first flip. Any thoughts?

Post: Chicago Based Sober Living/Transitional Home

Timothy PauldonPosted
  • Real Estate Agent
  • Chicago, IL
  • Posts 12
  • Votes 7

Hey guys,

I'm looking to open sober living/transitional housing in the Chicagoland area. I ideally would like to lease a townhome or SFL home to run my first one. Must I tell the landlord prior to signing the lease of what I am looking to do? From what I understand, Chicago Zoning Laws permits the use of the space for group living but may require a special permit. I'd ideally like to move into the space, start the permit process (if needed) and begin operating. Or, do I need the permit to begin operating?

Does anyone have any experience with starting sober living in the Chicagoland area? Any help would be greatly appreciated!

Thanks so much!!!