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All Forum Posts by: Zach Shuta

Zach Shuta has started 13 posts and replied 23 times.

Post: WHOLESALING QUESTIONS

Zach ShutaPosted
  • Residential Real Estate Broker
  • Chicago, IL
  • Posts 25
  • Votes 3

I've got a couple that I use in Chicago.  Message me or call for info on Guaranty National Title or Chicago Title.  Thanks! 

Post: Fortune Builders

Zach ShutaPosted
  • Residential Real Estate Broker
  • Chicago, IL
  • Posts 25
  • Votes 3

I've participated in FB and I think it's great.  But so is BiggerPockets, youtube and the library.  Best thing about FB for me was, once I spent the money I had no choice but to figure out how to make it back. I'm just not the type of person that wants to regret paying a bunch of money for something, so I used that to get out of my comfort zone.  Now I do many deals each month and I've done a lot of those with other members of FB and all the other networking groups I participate in.  I don't suggest joining or paying for education, but it's better than not doing anything at all!  My advice, get off the couch and go do deals!  Stepping out of your comfort zone is the ticket....FB just helps some people do that.  

Post: Hot Deal Available - 2 Flat rehab or New Construction

Zach ShutaPosted
  • Residential Real Estate Broker
  • Chicago, IL
  • Posts 25
  • Votes 3

Wholesale Deal: Selling Brick 2 unit.  Purchase for 50K.  This is a nice 2 unit that is nearly ready to rent.  3/1 and 2/1 with newer roof, brick work, windows and both baths remodeled already.  Kitchen, paint and floors need updating.  

Purchase: 50K

Updates: 25K

ARV: 125K (comps as high as 160s for rehabs - please ad costs of furnace install and garage for this type of arv)

Rents: $2000/m 

CAP Rate: 16%

Email me for more info.  [email protected]  312-818-2554

Also!  I have a vacant lot in Irving park available 210K.  Zoned R3.