Does anyone know of an agent who is good at selling retail houses in Chicago?

That seems more like the retail buyers that pay a little more than we are willing to for a cosmetic level flip since they are okay with the 80s cabinets and will just strip the wall paper and paint it themselves the next 10 weekends.Off Topic: Where did they buy this >$500K condo?

You guys are talking apples and oranges.Ed, you're talking about back end DTI ratios and conventional lending which is typically associated with retail buyers.

I kind of subscribed to this thought (keep the house as close to retail as possible) when I first started doing RE, and the result was that I way over-rehabbed my first two.

I own a event planning and design business which help me out to do home staging for client and sometime real estate investor that want to sell their property at a high retail price because the new home owner has a emotional attachment to the layout and design of the place.My goal is to buy and hold a few properties.

A landlord I know has two properties that I looked at today: **Property #1: 2-unit duplex: 2 bed/1 bath apartment on both levels.

. $1200/mo for a 2 bed apartment in a (very) desirable east side neighborhood is normal and expected--an equivalent (very desirable) Lakewood apartment is nearly half that.

@Julie McElroyA buddy filled an out of state owner 3 family with 10 beds, she gets 100 a month per bed and is making 1K a month on a property she doesn't own or manage.The owner is getting more rent than conventional and my buddy kept the rent high at her 3 family across the street.Paul

Does a 4 bed 1 bath go down in value because of the one bath?

Then you discover your bed is as hard as plywood and it stinks like some old lady was chain smoking in there the night before.