All Forum Posts by: Rob M.

Which suburbs, @Jon? Feel free to email me if you are interested in info about the south/southwest burbs in Chicago. 

Hey Dave, 

Congratulations on your fist property! I'm in Oak Lawn and would love to meet up sometime to network and share stories over coffee. On my last flip I used a small, part-time guy (to do a full service upgrade on the panel and some rewiring) and I was very happy with his work. He's so small that he only lists on Angie's List and he gets enough work, so you won't find him if you Google B&B Electric. Bob had the best price (I called 4 others for estimates at the time) and he did good work. I'll message you his info since this board apparently doesn't want me to share phone numbers publicly. FYI - I have no affiliation with him, just trying to help out.

Hi Frank. It's simple to find on Redfin. The 'APN' number is the actual PIN for the corresponding property. Once you have that you can paste it here to find tax assessment info: http://www.cookcountyassessor.com/Search/Property-Search.aspx

Hi Takara,

I've heard that Chicago Title is fairly investor friendly, although I have never actually worked with them on an investment deal (only my own residential deals.) They have an office fairly close to Oak Lawn in Orland Park, IL. Here is a link on their site: http://www.ctic.com/Office.aspx. Hope that helps. 

 Hi Keith - just curious how things have been working out with your Mack properties that you mentioned in the earlier thread? Anything you can share about pros/cons of the turnkey route? 

I've grown up/lived on the southwest side of Chicago for the past 40 years. Also lived in the West Loop near the now smoking hot Ukranian Village. Drop me a line on here if you ever need a background on a certain neighborhood. I've got a good handle on the entire surrounding area from living here, and I'm always willing to help when I can. 

Welcome, @Steven Yeater! BP podcasts, articles and this forum are incredibly valuable - take in as much as you can, as quickly as you can. I would suggest that you 1) ask a lot of questions here 2) go to any local/regional RE meetups you can find and meet others that might be willing to help you in any way and 3) never stop learning online/offline/in RE, and most importantly 4) DON'T GET ANALYSIS PARALYSIS - you are going to make mistakes regardless of how much you learn about RE investing, so get out there and start DOING once you have a decent foundation of knowledge. The key in overcoming setbacks is that you keep a positive attitude, turn them into a learning experience (when possible,) and ultimately overcome them. Finally, this business changes constantly depending on a number of factors like the economy, interest rates, etc. A smart investor always find ways to make money (regardless of what is going on in the economy.) Good luck!  :)  

That seems counter-intuitive that a bank would not like the Series designation - it should be protecting their asset (the property under mortgage until you pay it off) from any other properties you own that might be potentially involved in another lawsuit. Can you explain more about what exactly the bank didn't like about it @Fadel A.? 

Welcome, @Christopher Gauthier. Not sure if it's the same meetup that @Account Closed mentioned, but there is also another south suburban meetup at Chammps on the last Wednesday of every month that I have found to be very useful. Here is the meetup link: http://www.meetup.com/Real-Estate-Investors-in-the-South-Suburbs/events/230830101/ 

Check out Richard Schroeder at CRS Management. Don't let the outdated website fool you - he knows his stuff. I've heard him speak at a meetup before and I've also consulted him about buying multi-family apartments. Every time he's been very generous with his time to help me (a newbie) for no charge. I have no affiliation with him, so I get nothing from recommending him, just so you know. Here is the site: http://www.crsmanagement.com/