Contractor in Chicago
10 Replies
Jimmy Woodard
from Walnut Creek, CA
posted about 1 month ago
Anyone recommend a good contractor in Chicago? Preferably one that has worked with out-of-state investors. Thank you in advance!
Christopher Beliveau
Property Manager from Chicago, IL
replied about 1 month ago
@Jimmy Woodard what kind of work do you need done and where at?
Jimmy Woodard
from Walnut Creek, CA
replied about 1 month ago
@Christopher Beliveau Looking at a potential BRRRR investment in West Pullman. My friend who's a real estate agent in Chicago alerted me to this opportunity. He says it needs cosmetic work around $40k, but I want to stress test his opinion with an experienced local contractor before I pull the trigger. Have any recommendations?
Samuel Pavlovcik
Architect from Chicago, IL
replied about 1 month ago
@Jimmy Woodard , I've got a couple that I have worked with in the past that I could recommend.
Additionally, @Shayan Shahbazi might be a good connection to ask questions & learn from, as I have been working with him on a project with similar circumstance.
Mark Ainley
Property Manager from Roselle, IL (Chicago Suburb)
replied about 1 month ago
@Jimmy Woodard does it require plans and permits or can you get away with not having to do that? Anything major or just putting back together a house to make it functional? If you are putting 40k into it I am hoping you are getting this place for 50k or under to account for the money going in and risk. A 40k project in West Pullman will take you 90-150 days so account for your carry cost and potentially security. Things like appliances and windows are slow to be delivered these days so account for the Covid chain supply when it comes to certain improvements.
Jonathan Klemm
Contractor from Chicago, IL
replied about 1 month ago
@Jimmy Woodard - We don't do too much work in Pullman (actually we never have haha), but could help if you were looking further North. You received good advice from @Mark Ainley everything is taking longer than expected and material prices are rising (especially lumber).
What is the full scope of work for $40k?
Jimmy Woodard
from Walnut Creek, CA
replied about 1 month ago
@Samuel Pavlovcik send all the recs you can my way please! @Shayan Shahbazi let me know if you're free to speak about this
Jimmy Woodard
from Walnut Creek, CA
replied about 1 month ago
Originally posted by @Mark Ainley :@Jimmy Woodard does it require plans and permits or can you get away with not having to do that? Anything major or just putting back together a house to make it functional? If you are putting 40k into it I am hoping you are getting this place for 50k or under to account for the money going in and risk. A 40k project in West Pullman will take you 90-150 days so account for your carry cost and potentially security. Things like appliances and windows are slow to be delivered these days so account for the Covid chain supply when it comes to certain improvements.
Thanks for the great advice. I might need your services on the backend for property management if we go through with this deal. Let's stay in touch!
Jimmy Woodard
from Walnut Creek, CA
replied about 1 month ago
@Jonathan Klemm I’ll keep your service area in mind for future projects. And the $40k was an estimate, I won’t know for sure the actual rehab costs until I send someone out there.
John Warren
Real Estate Agent from Riverside, IL
replied about 1 month ago
@Jimmy Woodard what exactly are you looking to renovate? Single family? Multi unit? Are you doing mechanical work? Are you doing a roof? Let us know more specifically what you are doing and everyone on this thread can help guide you better. Any good contractor will be trying to avoid an out of state guy looking for a quick bid to make an investing decision as they are all super busy. Let us know what you want to do and I think the group here can help.