All Forum Posts by: Ronan M.

$625 to $700 if no heat included. Up to about $750 if heat included.

And of course it depends on the apt finishes. Add maybe another $50 if they are finished really nice and have separate dining rooms.  But in that market price usually trumps nice. Price is usually the biggest motivator for that area.

I would recommend Marquette Bank. And they are right there in your area. I would consider them pretty investor friendly. PM me if you would like a contact name. Thx

Never seen or heard of a top load dryer so I don't think you have much of a dilemma.

Washer...yes. Front or top load is an option.

I could be corrected but if a top load dryer does exist I bet its a specialized machine and probably expensive.

@Jon Holdman  I have a number of folks who pay rent at Chase Banks directly into my biz account. I don't know what is required of them at the bank when they do it but whatever they do it works as I get the deposits and no tenant ever reported an issue to me doing it. 

@Julia Amelyan....I bet when they need ID to buy a 6 pack of Bud they don't have a problem.    

No SSN maybe...but no ID ?

How do you know/verify who you are renting to ?

Hi @Aaron Holloway what type of properties and what area of Chicago had you in mind ?  I could recommend a few folks but they work specific areas of the big Chicagoland area. If you can narrow it down it helps with giving referrals. 

Back in 2010/2011 I used Domu leases (because I knew no better then) and I had an eviction around that time. In a counter suit by tenants attorney he brought up in his filing the fact that I was using an "unconventional, ad hoc, made up " lease. Those might not have been his exact words but he made a specific point of calling out my lease in an effort I suppose to prove I was a cowboy landlord and making my own rules. 

Lesson learned. Since then I sought out a lease that could not be challenged in any way by any attorney or frowned upon by a judge. Give them one less thing to challenge me on. I have since only used the official Chicago Assoc of Realtors Lease which gets updated annually.

What area of Chicago are you targeting for this space ?   That would help better identify someone who could help you. 

@Richard C. Did you even read the full post by the OP ?

Stick one of those little half size dishwashers just to the right of the sink.