All Forum Posts by: Tushar Shah

@Anthony Fecarotta hey Anthony, i like you started investing in my 30s and within last 8 months, have 4 single family homes in North West Indianan and an grossing over 5000 rent every month. Happy to connect and provide more info.

@Tim Jensen hello Tim, Rockford is interesting. Would love to connect to see what properties you investing in and what kind of returns you generating.

@Ryan Nguyen Max properties and Property Boss. Happy to make a referral if you interested. 

Hello BP!!

I wanted to check if anyone has had any experience/suggestion in investing in Blue Island neighborhood of Illinois. I have been presented a BRRR opportunity and am trying to some due diligence on how safe/unsafe the neighborhood is. I will be buying the property (SFH) for ~65K, putting 40K of rehab work and I understand the ARV is ~130K. The plan then is to rent the unit for 1500 per month. The unit is 1059 SqFt with 3 bedroom and one bath. The rehab is going to be full gut rehab - new HVAC, electric etc. Roof is good so that will stay as it.

Any market data on what the current rentals are or what the estimated ARV would be - that would be great.

Tushar Shah

@Jorge Ruiz Thanks Jorge. I am assuming you talking about Blue Island that - "I was there recently and although I saw some bright spots I also saw some areas that were very depressed. The picture I got was that there is an unstable economy there. But that’s just from looking around."

Good luck to you in investing in Milwaukee. Do let me know if you end up finding good there.

Tushar Shah

@Jorge Ruiz

Hey Jorge, Checking to see if you ended up investing in Blue Island. I have an opportunity to invest in that area but do not know much Blue Island and trying to connect with few people who may have invested in that area.

@Carolina E. Hey Carolina, Could you share your experience on investing in Blue Island. I have similar opportunity but do not know much Blue Island and any information will be very helpful.

Congratulations @Ron S. Which turnkey provider did you select in KC?

Hello BP members,

Would anyone have recommendation for home inspection company in Hammond/Merrillville neighbourhoods? I will be closing on two properties and any recommendation will be very helpful.

Tushar Shah

@Alex Corral @Bob Green Thanks Alex and Bob for your inputs. Based on my discussions with few lenders they telling me that under no circumstances the property can be transferred to the LLC post close without triggering due on sale clause.

I inquired if I could deed it to the LLC post close and that was denied too.

I was told, I can finance the property in a name of a trust. Have any of you seen or done this? What are the benefits/disadvantages of having the property in a trust versus personal name or LLC?

Thanks in advance for your help.