All Forum Posts by: Connor O'Brien

@John Warren has many posts about B multi family in Chicago 

I know 60609 can meet the 3X+ criteria. I personally haven’t seen any deals in the city with only $10k rehab and $65k profit. I’m sure they’re out there tho! 

My co worker has done a couple deals like that in Gary Indiana ($25k purchase $10k rehab and $100k sale) but he gets everything off market and knows the area better than I ever could plus he does seller financing with tenants to avoid appraisal

I am under contract for a 1994 SFH which was built by a developer. Where can I find the original architectural drawings? Building is in cook county Illinois. I've tried accessors office and recorders office

Just sent you a message with county tree service contact- I live on 49th pl and Racine.  They were by far the cheapest quote I got and did a solid job

Have you heard of NICIA?

4916 S Ashland Ave, Chicago, IL 60609

I got a great appraisal and I'm set up for a successful brrr on my last deal. 

Only problem is the property is currently in a trust and the lender wants it in an LLC.

Any suggestions talking to the lender or do I need to get a different one/ transfer to llc?

Any advice for transferring title to llc?

Thanks In advance

- connor

Great post

Please let us know what attorney says.  Personally i love the HCV from CHA. I don't believe it's even called section 8 anymore.  I wonder if you could try to make that claim? HCV stands for housing choice voucher and CHA is Chicago Housing Authority. 

I bought a house that had evidence of a horrible infestation.  Thousands of droppings all over kitchen cabinets and every window still.  I think previous owner had an exterminator put down poison outside and block entrances with wire mesh.  

I'm surprised no one has mentioned cats.  A couple months after I bought the place the mice came back in droves. I battled them myself for a year and hired an exterminator but nothing really worked. One day I had one stuck in my cereal box.  

I immediately went out and bought 2 kittens.  I haven't had any issues since.  I understand why too. When the cats caught the mice who were there initially they tortured them for hours.  No training required.