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All Forum Posts by: Gautam S.

Gautam S. has started 11 posts and replied 113 times.

Post: New investor in Chicago, IL

Gautam S.Posted
  • Real Estate Investor
  • Eola, IL
  • Posts 136
  • Votes 22

@Christopher Malone  Welcome to BP!

All the best in RE endeavor!

Post: Newbie from Chicagoland area

Gautam S.Posted
  • Real Estate Investor
  • Eola, IL
  • Posts 136
  • Votes 22

@Chris Ludwig  welcome to BP:)

what  kind of properties are you looking to buy?

Post: 7 buildings 20 units 18 months thanks to BiggerPockets

Gautam S.Posted
  • Real Estate Investor
  • Eola, IL
  • Posts 136
  • Votes 22

@Philip Williams, Congratulation on your sweet success:)

Like @Gavin McMorrow I would also like to know how you got the leads for the multifamily units?

Also, if you can share the numbers for a 4-Unit for an example, that would be great.

Like List price, Purchase price, Total cost of acquisition (closing cost, rehab etc.), then

how you did the financing ( 25% down etc.), monthly expenses (Tax, PM fee, reserve etc.) and gross rental and net Cash flow...

Cheers!

Post: New investor in western Chicago suburbs!

Gautam S.Posted
  • Real Estate Investor
  • Eola, IL
  • Posts 136
  • Votes 22

@Colin Buckley  welcome to BP!

Wholesaling will be a good way to get started for your next down payment.

All the best on your next deal that you are working on.

You can ask for owner financing and get the property and put in rental for cash flow.

You can also try "subject to".

Post: Switch home to LLC with loan

Gautam S.Posted
  • Real Estate Investor
  • Eola, IL
  • Posts 136
  • Votes 22

@Timothy Riley could you please elaborate a bit more on why you are using series LLC for long term holds ( advantages Vs disadvantages)..

Post: Business Plan Outline; NW Suburbs of Chicago

Gautam S.Posted
  • Real Estate Investor
  • Eola, IL
  • Posts 136
  • Votes 22

@Justin K.  _ good to see that you are starting off with some good planning/goal in mind:)

Keep me in your buyer list too if wholesaling.

All the best in mailings

Post: Another Ambitious Person From Kankakee,IL

Gautam S.Posted
  • Real Estate Investor
  • Eola, IL
  • Posts 136
  • Votes 22

Hi @Aaron Howard welcome to BP!


@Raymond B.

@Raymond B.

Thanks for the tip on how to get the list of posters:)

Post: Greetings, BP community! Live from Chicago's South Suburbs!

Gautam S.Posted
  • Real Estate Investor
  • Eola, IL
  • Posts 136
  • Votes 22

Welcome to BP, @Rob Fischer

What part of Chicagoland you are planning to invest?

Post: Newbie from Chicago

Gautam S.Posted
  • Real Estate Investor
  • Eola, IL
  • Posts 136
  • Votes 22

@Robbie Lubow welcome to BP.

Are you looking to invest in the city or suburbs?

How are you planning to get funding?

I too found the podcasts are very interesting and helpful!

Post: Hello and let me introduce myself...

Gautam S.Posted
  • Real Estate Investor
  • Eola, IL
  • Posts 136
  • Votes 22

@Steven Rhodes welcome to the BP.

What area of Chicagoland are you working on?