All Forum Posts by: Tom Ladewig

@Benjamin Pekarek Thanks for the the info, that would be much better than i expected.  Would that rate apply to seasonal renters or long term.

@Jaime Frausto, The property in Florida is in Sarasota Mote Ranch area, heading there for a short trip in two weeks, still have some loose ends to take care of.

Thanks for the tip on the Romeoville area @Scot Howat

@Jeff Valentino  Thanks for the tip, in fact i have hit that tab so much it now says earn;-)

@David Dachtera Joliet would not be too bad, i have some good friends that live in Shorewood area, I'm on the far west end of Tinley and close to I80.  I have not used the PM feature yet so this will be a good test.

First off love this community and glad to be a member, I have been on the site for about a month or so and have learned a ton, something new every day.  A big thanks to all the knowledgeable people who contribute.

A little about me: Recently took an early retirement from a corporate IT career.  I'm still active in the field but only as a consultant a few days a week(way less stress). I'm a fan of all the chicago sports teams(Blackhawks, *Cubs, Bears, Bulls, White Sox), Also love to golf just can't watch it. I have some limited experience rehabbing and remodeling  Currently looking to get more involved in real estate investing to occupy my time and earn some extra income.

My limited Experience: My first home was a bank owned REO that was a Fixer upper. That purchase was driven more by economics than being an investor though. I have recently purchased a property on a short sale in Florida that also was in need of work although even that one i have not been a real landlord since my daughter is living in it(she is part owner as well) and payments are set to just cover the costs of owning. So that one is more like a vacation home since i get to visit;)

My Current Plan, until I read another good thread anyways. Looking to buy SFR for BUY and HOLD using a BRRR strategy, plan A anyways. I'm going to start slow but would like to hit 10 properties over the next 4-5 years, nothing crazy.

Currently looking to network with other investors, and as always continue to learn new things.

Tom L