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2 May 2024 | 7 replies
I think Chicago has a lot of houses in the surrounding neighborhoods of downtown that are up-down duplex, so a building can be 4 stories high with each unit having 2 stories.
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2 May 2024 | 8 replies
Private equity funds are not open to the public and have more restrictive membership criteria, such as high net worth or an institutional affiliation.The second type is a Real Estate Investment Trust (REIT).
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2 May 2024 | 4 replies
., it has been a while since I was working full time in the retail world, but what Michael outlined was typical when I was in the space.The only reason I could see having to pay anything during your buildout would be if this is a high demand space.
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30 April 2024 | 12 replies
You want to have a magical place with great views but sometimes there are obstacles.One other thing you should consider when looking at places @Dina Schmid is grading and paving the access.
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1 May 2024 | 27 replies
hi everyone, thank you all SO much for your time. you've given me so much valuable insight.it seems like everyone agrees that the sleeper sofa is not a bed. helpful insight + agreed, i wouldn't want to sleep on one.synthesizing all of your great feedback, i have a follow up question:i was asked why i don't put beds in all 3 bedrooms. i am trying to balance the utility of this as somewhere that i live part time, with the utility of the rental. for my own purposes: bedroom, guest room + office. i do a lot of video calls for work, so need an office/neutral space.initial thought:maybe a quality trundle bed in 3rd bedroom that is daybed for office, + converts to sleep space for kids when it’s a rental.
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2 May 2024 | 0 replies
Scope of Work:Initial Assessment: Our team conducts a thorough assessment of the property to evaluate its current condition, identify structural issues, and determine the scope of renovation required.Design Concept: Collaborating with architects and designers, we develop a design concept that blends contemporary elements with the historic character of the row house, maximizing space utilization and optimizing layout efficiency.Structural Repairs: Structural repairs and reinforcements are undertaken to ensure the integrity and stability of the building, addressing any foundation issues, roof leaks, or structural deficiencies.Interior Renovation: The interior of the row house is completely renovated, including the removal of non-load-bearing walls to create open-concept living spaces, installation of new flooring, upgrading electrical and plumbing systems, and installing energy-efficient fixtures and appliances.Kitchen and Bath Remodeling: The kitchen and bathrooms are transformed with modern finishes, custom cabinetry, quartz countertops, and high-end appliances, creating functional and stylish spaces for daily living and entertaining.Historic Preservation: Special care is taken to preserve and restore original architectural features such as exposed brick walls, decorative moldings, and hardwood floors, enhancing the property's historic charm and character.Exterior Enhancements: The exterior of the row house receives a facelift with fresh paint, repaired masonry, restored windows, and landscaping improvements, enhancing curb appeal and contributing to the overall aesthetic appeal of the neighborhood.Quality Assurance: Throughout the renovation process, our team adheres to strict quality control measures and standards, ensuring that workmanship meets or exceeds industry best practices and building codes.Finishing Touches: The finishing touches, including interior decor, lighting fixtures, and hardware, are carefully selected to complement the design aesthetic and create a cohesive and inviting atmosphere.Timeline and Budget:The single-family flip project in the Philadelphia row house is estimated to be completed within [timeline], with a budget of [budget].
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2 May 2024 | 4 replies
They typically have high leverage so your equity would give you significant purchasing power.
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3 May 2024 | 12 replies
We're still seeing a high demand in our area for small private furnished rentals, primarily travelling medical professionals.
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2 May 2024 | 7 replies
I will add that oftentimes the fixed costs with installing any kind of pool (fence, pump, permits, excavation etc) are so high that the marginal cost of a plunge pool vs something more standard is relatively small.
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3 May 2024 | 7 replies
And while it is not common that you find a $100k industrial building, it is also not impossible, depending on condition you need.But at a high level, there are a few factors at play: everyone needs a place to live.