I can't sell houses for 200k when it costs me 220k to build them.. so you have to build higher up the food chain where the $/sf is higher.

Hi -  We are under contract on our first buy and hold that we have been able to find that has decent numbers...Would appreciate any reaction or input anyone has to this deal...good/bad/bad assumptions etc.Location - 63rd and Halsted (very close to the new whole foods developmentProperty - Grey stone with 2 units (3 bed/1 bath) unfinished basement with laundy and 2 car garage.  

I'm Andrew Geib, currently I'm working as a lean six sigma engineer based in the Aurora/Naperville area. 1) Favorite real estate book: just picked up Rich Dad Poor Dad for the first time2) Favorite non-real estate book: Freakonomics3) Advice for new investors: seeing as I am a new to real estate, get started now rather than later. 4) Hobbies: cars, I autocross my daily driver whenever I can, I'm resorting a classic mustang, and I frequently go to car shows all across Chicagoland. 

At this point, these funds might be used to buy supplies, help with food and temporary accommodation.Please donate and help to support our community.

No matter how many times I ask it's gotten to a point where I just go over daily and clean up the yard.

I was wondering how much you guys believe it would effect the rental value/appeal if I was to live in the basement and keep the connecting door locked (or even removed if that won't raise zoning problems) and just use a door to the backyard/side of the house to enter/exit daily. 

Just some food for thought.

I ask my team daily how can we innovate ahead of the curve.

Then they are taking food out of my family's mouth and I will do everything in my power to legally get them out ASAPThis way I don't have to worry about violating the amount allowed for late feesIn reality the rent really is only 1050 so if they pay late I get a bonus. 

These two Meetups are something I build over years of holding events, promoting, paying for venues, food, drinks, etc...