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All Forum Posts by: Reed Meyer

Reed Meyer has started 28 posts and replied 63 times.

Post: Billboard Leasing Advice

Reed MeyerPosted
  • Investor
  • Chicago, Il
  • Posts 66
  • Votes 55

Has anyone ever leased a billboard or advertisement spot on a building before? If so, what was the best way to advertise that the billboard was for rent? What did you do to market it and determine rental rate?

Thanks!

Post: Legalizing a non-conforming in Chicago ADU Zone

Reed MeyerPosted
  • Investor
  • Chicago, Il
  • Posts 66
  • Votes 55

Hold off on legalizing the non-conforming unit until you are exploring a sale or refinancing. If you legalize it now the only result will be an increased assessed value and Real Estate Taxes.

Post: Book and/or Podcast Recommendations

Reed MeyerPosted
  • Investor
  • Chicago, Il
  • Posts 66
  • Votes 55

Atomic Habits (Excellent book on habits and discipline), Never Eat Alone (Changes perspective on networking), Confessions of a Real Estate Entrepreneur (creative real estate)

Post: Potential Commercial to Apartment / condo conversion lead

Reed MeyerPosted
  • Investor
  • Chicago, Il
  • Posts 66
  • Votes 55

Can you DM some more info? I know someone that might be a good fit for this.

Post: Selling 4plex with OF wrap loan

Reed MeyerPosted
  • Investor
  • Chicago, Il
  • Posts 66
  • Votes 55

@Tyson Gustus

I invest in San Diego and could be interested. Can you DM me?

Thanks,

Reed

Post: Subdividing Property Parcel

Reed MeyerPosted
  • Investor
  • Chicago, Il
  • Posts 66
  • Votes 55

Does anyone know what the process is to split a property parcel into two?

The property has one tax ID but two 3-unit buildings each with their own address on different streets (the property lies on a corner lot). Could unlock a ton of value if they were two 3-flats instead of one 6-unit building.

Curious if anyone has any experience dividing an individual parcel into multiple (I am dealing with this in Chicago but open to any and all experiences with this re-zoning).

Thanks!

Reed

Post: Subdividing Property Parcel

Reed MeyerPosted
  • Investor
  • Chicago, Il
  • Posts 66
  • Votes 55

Does anyone know what the process is to split a property parcel into two?

The property has one tax ID but two 3-unit buildings each with their own address on different streets (the property lies on a corner lot). Could unlock a ton of value if they were two 3-flats instead of one 6-unit building.

Curious if anyone has any experience dividing an individual parcel into multiple (in Chicago in my instance but open to any and all experiences).

Thanks!

Reed

Post: Subdividing Individual Parcel

Reed MeyerPosted
  • Investor
  • Chicago, Il
  • Posts 66
  • Votes 55

@Reed Meyer also open to hearing about peoples experience doing this outside of Chicago!

Post: Subdividing Individual Parcel

Reed MeyerPosted
  • Investor
  • Chicago, Il
  • Posts 66
  • Votes 55

Does anyone know what the process is to split a property parcel into two?

The property has one tax ID but two 3-unit buildings each with their own address on different streets (the property lies on a corner lot). Could unlock a ton of value if they were two 3-flats instead of one 6-unit building.

Curious if anyone has any experience dividing an individual parcel into multiple in Chicago.

Thanks!

Reed

Post: Advanced Multifamily YouTube channel

Reed MeyerPosted
  • Investor
  • Chicago, Il
  • Posts 66
  • Votes 55

Anyone have a good commercial real estate investing YouTube channel they like? Not one that’s super basic or like just a talking about different subjects format.

I am looking for a YouTube channel where someone does real life, real deals videos about buying and investing in commercial real estate whether it’s large multifamily, retail, office, or industrial.

Just looking for entertaining real estate YouTube channels that aren’t super basic and for beginners.