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All Forum Posts by: Tim Davids

Tim Davids has started 8 posts and replied 96 times.

Post: Frank Lloyd Wright tour

Tim DavidsPosted
  • Real Estate Broker
  • NW Indiana
  • Posts 99
  • Votes 30

My wife and I checked out Oak Park, Illinois last Saturday. A historic area of Chicago where Frank Lloyd Wright lived and built more than a few houses. Also unity temple. Also the birthplace of Earnest Hemingway.

There are also scores of old Victorian homes. Walking tours and other cool things to do.

Highly recommend anyone in the Chicago area to make the trip.

Post: Wholesaling- Starting out Chicago

Tim DavidsPosted
  • Real Estate Broker
  • NW Indiana
  • Posts 99
  • Votes 30
Originally posted by @Wendell De Guzman:
Michal Sieczka, what deal do you have in Clarendon Hills? Do you have a buyer lined up?

Who'd want a property in that cheap area :)

I'm sitting in the hindsdale Starbucks as I write this. Was gonna see if you were around for a coffee today but I have a cold and laryngitis so I am drinking solo.

Post: Funding Strategy

Tim DavidsPosted
  • Real Estate Broker
  • NW Indiana
  • Posts 99
  • Votes 30

have a paragraph in the offer that let's you out if the bank says no. With a fully refundable deposit. The seller may agree to no deposit until the bank says yes.

We went through similar last week with a new construction we are doing.

Hope this helps

Post: Do you disclose yourself as the owner when showing a rental?

Tim DavidsPosted
  • Real Estate Broker
  • NW Indiana
  • Posts 99
  • Votes 30
Originally posted by @Arthur Banks:
On second thought... there's this really fancy building here in Chicago that has the name TRUMP all over the place. I guess there is no hiding who the owner is. In fact the owner seems to WANT you to know who the owner is. If it works for him... :)

Your better . I've seen tons of building with "Bank" on the front :) I know it's Banks. ;)

Post: Fun rehab project - Pictures - Viewer Discretion is Advised

Tim DavidsPosted
  • Real Estate Broker
  • NW Indiana
  • Posts 99
  • Votes 30

the fly paper was a nice touch. :)

Best of luck on the project

Post: Chicago Meetup Tonight is Cancelled in the Burbs

Tim DavidsPosted
  • Real Estate Broker
  • NW Indiana
  • Posts 99
  • Votes 30

Saturdays or Sundays are great.

Work day meet ups are tough...just my two cents :)

Post: PMI wipe out or new property?

Tim DavidsPosted
  • Real Estate Broker
  • NW Indiana
  • Posts 99
  • Votes 30

interest on a loan is tax deductible I think. Is pmi deductible ?

Personally I'd find a way to get the pmi gone. It's money down the drain and you could always get a home equity loan in an emergency.

Post: Simone from Chicago, IL

Tim DavidsPosted
  • Real Estate Broker
  • NW Indiana
  • Posts 99
  • Votes 30

hi Simone.

I went to high school at Bloom :)

Welcome to BP.

I was also a realtor in Tilley park. Not far from you.

Hope to see you around.

Post: New member! Loves renovation, loves downtowns!

Tim DavidsPosted
  • Real Estate Broker
  • NW Indiana
  • Posts 99
  • Votes 30

hi William, fellow Hoosier.

NW part of the state here. My long term goal is multi use properties in downtown areas. Sounds similar to your plan if I read it right.

Post: Chicago Meetup Tonight - CANCELLED

Tim DavidsPosted
  • Real Estate Broker
  • NW Indiana
  • Posts 99
  • Votes 30

how do I get on the list?