All Forum Posts by: Bob Ewoldt

Welcome, @Joel Falk. Bigger Pockets is a wealth of information! I would recommend also getting involved in some of the meetup groups for investors as well, and get some face-to-face interaction. Nothing beats that.

Welcome @Tyler Jones. Bigger Pockets is a fantastic resource!

What's the monthly HOA?

Hi, @Bruce Brotine. It's not rude to make a super low ball offer. I do it all the time.  However, you should expect that a lot of your low ball offers will get rejected outright, without a counteroffer.  But, it's all about the numbers: if you put in 100 offers, 80-85 of them will get rejected, the other 15 will be countered, and you may come to terms on 1 of them. So, I wouldn't put all your eggs in on that one property, but it's worth a shot.

If you need a real estate agent to help you sort through properties that may work for what you're looking for, or even just put offers in for you, I service your area, and I'd definitely be willing to help.

Hi, @Larry Green. I'm so glad that you've decided to start investing in real estate! Welcome. I'm a local agent in the Naperville area, so if you need anything, let me know.

In terms of investing in Illinois, I think there are still opportunities here, even though they may be harder to find than, say, a few years ago.

Hi, Holly. What kind of multi-unit property are you looking for? A small multi-family (4 or under units)? Or larger?  What's your timeline look like?

I'm a real estate agent in DuPage county.  Lombard is a good area. In general, you'll get good tenants and solid rents.  However, how much you cashflow will depend on how much you pay for each property.

Did you run the rents through rentometer.com? That's what I would recommend doing to ensure that the rents you will get in the future will be similar to what they're projecting.  Also, I would say you need to confirm with the tenants that they're paying that much for rent.

Otherwise, it looks like a fairly solid deal.

Interested in a good rental property in Aurora? This is a pre-market house on the near-east side of Aurora.  4 bedrooms, 1 bathroom.  It's in good shape.  List price is $128,000.  Rental rates in the area are around $1,200/month.  The property needs exterior paint, and one room needs new carpet, but it's very close to rent-ready condition.

The property will probably go on the market soon, but if you want to see it early, call or text me at 630-659-4022.

Are you interested in a retail space on the busiest road in Lisle, Illinois? I just listed a free-standing building in Lisle which has a triple-net business in it.  Annual income is $50,400.  Owner is only responsible for major maintenance (roof or HVAC); tenant is responsible for everything else.

If you're interested, give me a call or text at 630-659-4022.

Perfect investment for someone looking to own near Naperville, Aurora, Woodridge, Downers Grove, Westmont, or Lombard.