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All Forum Posts by: Alex Fenske

Alex Fenske has started 18 posts and replied 78 times.

Post: 2020 Cook County Annual Tax Sale - held in 2022 (last week)

Alex FenskePosted
  • Residential Real Estate Broker
  • Mokena, IL
  • Posts 89
  • Votes 64

Hi Robert, I've dealt with a fair number of tax lien scenarios but from a different angle, working with clients to sell property when tax liens are in place or LDTR is upcoming. I have not purchased taxes or certs personally. The only advice I can really offer is that if it were my first time doing what you're doing, even as an experienced investor, I would hire the attorney. There are so many moving parts, and when the whole lien could be invalidated by one missed step, the stakes are high enough that I would feel it's worth it to pay for the guidance until I'm knowledgeable enough to do it on my own. And even then I might still retain them, the same way I do for evictions since I theoretically COULD do it myself but find it worthwhile to hire the specialist and recommit my time to other income-generating activities.

Post: Line of Credit for rental property - do they still exist?

Alex FenskePosted
  • Residential Real Estate Broker
  • Mokena, IL
  • Posts 89
  • Votes 64

Hi Roseann, I recently closed one against my rentals - feel free to shoot me a call and I can give you a couple of people/connections.

Post: Connecting with the BP community!

Alex FenskePosted
  • Residential Real Estate Broker
  • Mokena, IL
  • Posts 89
  • Votes 64

Hi @Fabian Alvarez, and welcome! I'm an investor and broker working primarily in Southern Cook and Will Counties. Feel free to connect with me as I'm happy to share resources.

Post: Best insurance companies for MultiFamily coverage in Chicago?

Alex FenskePosted
  • Residential Real Estate Broker
  • Mokena, IL
  • Posts 89
  • Votes 64

Hi Jeff, Dan Mosca is State Farm's #1 investment property insurance agent in the country and is based right here in Chicagoland. He has helped me with fantastic advice and service. I'd suggest calling his office at (708) 235-1000 or message me for his cell.

Post: LLC formation - Deal Structuring/Operating Agreement attorney

Alex FenskePosted
  • Residential Real Estate Broker
  • Mokena, IL
  • Posts 89
  • Votes 64

Hi Andrii, Gary Davidson/Castle Law is one of the top investor-oriented real estate attorneys in the state. I'd recommend connecting with him. Their office line is 815-744-6550; if you'd like his cell please send me a message.

Post: ISO Chicago Area Realtor

Alex FenskePosted
  • Residential Real Estate Broker
  • Mokena, IL
  • Posts 89
  • Votes 64

Ryan, your South burbs subgroup has been on my radar, just haven't made it out yet. Maybe next month!

Post: ISO Chicago Area Realtor

Alex FenskePosted
  • Residential Real Estate Broker
  • Mokena, IL
  • Posts 89
  • Votes 64

Dyna,

I'm disappointed I didn't notice your post sooner. I am an investor-oriented broker, with personal investment experience, and the South suburbs are my target area. Please feel free to contact me or visit my website for more info about my business.

Post: Chicago Zoning

Alex FenskePosted
  • Residential Real Estate Broker
  • Mokena, IL
  • Posts 89
  • Votes 64

Here's an attorney who might be able to help:

Namit Bammi

312-952-7733

[email protected]