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All Forum Posts by: Tom O.

Tom O. has started 10 posts and replied 208 times.

Post: Grant Cardone Prophecy

Tom O.Posted
  • Chicago
  • Posts 212
  • Votes 163

I think the single family all on one floor ranch type house will become valuable going forward because so many older folks have dementia and other issues that will require a house without stairs. 

Wow, cool. When is the next sale? 

For property management I know realtor Joseph McCormick. He would probably do a decent job but I can't speak from personal experience.

To sell the homes I would use my realtor Jarred Carr. He's terrific. I've used him on two purchases and other stuff. He's very responsive and well-respected. 

https://www.atproperties.com/a...

Post: Real Estate Attorney

Tom O.Posted
  • Chicago
  • Posts 212
  • Votes 163

I used Kayleen for an eviction and she was terrific. Good law firm. Did not overcharge. I highly recommend. 

KAYLEEN M. TEUFEL

At langer and Langer in Valparaiso. 

https://langerandlanger.com/at...

Post: Looking to break into the Chicago area with flips or BRRRRs

Tom O.Posted
  • Chicago
  • Posts 212
  • Votes 163
I'm in Chicago and would love to have a beer with you but I don't see a single shack under $200k. But I will admit I haven't been looking.

Post: Chicago Keeping It Real Estate - Investor Meetup!

Tom O.Posted
  • Chicago
  • Posts 212
  • Votes 163
I missed this event but would love to go if you guys do it again. Let's make it a regular thing? 

Post: Housing crash deniers ???

Tom O.Posted
  • Chicago
  • Posts 212
  • Votes 163
The thing is if we took prices back to merely 2020 that would likely make sense. Take away the pandemic run up to RE.

But that would be more than a 20-30 percent reduction. Which is huge. But it would make sense to me.

And I'd still be fine as I guess most people would be.

Post: Would you purchase strictly for cash flow?

Tom O.Posted
  • Chicago
  • Posts 212
  • Votes 163

I always buy for cash flow and am shocked at the appreciation. These are multi-unit buildings and I am pushing up the rents by fixing up the units and making them better. I really like rural areas near urban areas. 

Why ask us when you can just google it? Look what I found in about 6 seconds: 

https://www.disruptequity.com/...