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All Forum Posts by: Eudith Vacio

Eudith Vacio has started 7 posts and replied 695 times.

Post: Finding Commercial Real Estate Mentor

Eudith Vacio
Posted
  • Real Estate Agent
  • Chicago & NWI
  • Posts 729
  • Votes 453

Hey @Mei Bae Wu 👋🏽

I absolutely LOVE the idea of getting this done, and also I think getting your real estate license will prove to be very helpful. 

What are you doing now? & how are you studying / prepping for your license? here to help if I can :)

Post: Should I Buy Grandma's House with Subject-To Financing??

Eudith Vacio
Posted
  • Real Estate Agent
  • Chicago & NWI
  • Posts 729
  • Votes 453

Hey @Keisha F. - BOSS moves. I would definitely acquire the property and your plan sounds really good. The only thing I would keep in mind, is that its very difficult to get a HELOC on investment properties, there really isn't a bank doing those right now so just keep that in mind.

Post: Is it a bad time to invest?

Eudith Vacio
Posted
  • Real Estate Agent
  • Chicago & NWI
  • Posts 729
  • Votes 453

Hey @Kazumi Boyd - almost every housing market is up right now, if you are ready and can afford the house, then it's not a bad time to invest. But also maybe explore other options like a townhome or condo. That might be a better fit for you. I'm pretty sure there are people that waited to buy 1 year ago, thinking that prices would come down and look what happened. Prices continues to rise! the deals are always out there, especially NOW because those that are selling right now with these high interest rates are motivated sellers. 

Post: ADT Home Security

Eudith Vacio
Posted
  • Real Estate Agent
  • Chicago & NWI
  • Posts 729
  • Votes 453

Hey @Brandon Victor 👋🏼

Why ADT versus something like simply safe? 🧐 asking for a friend 😃

Post: House Has No Showings

Eudith Vacio
Posted
  • Real Estate Agent
  • Chicago & NWI
  • Posts 729
  • Votes 453

Hey @Marisa JManker, yeah I think that may be a good idea, and if it is priced too low, you should get multiple offers on the house or a lot of people viewing the home

Post: Rentometer for Cashflow screening

Eudith Vacio
Posted
  • Real Estate Agent
  • Chicago & NWI
  • Posts 729
  • Votes 453

Hey @Fernando Lozada - if it's a condo, you can most likely look at other rentals in the building to check prices but other than that I would use everything at your disposal like MLS, Zillow, and rentometer.

Post: Renting Parking Spaces in Residential Properties

Eudith Vacio
Posted
  • Real Estate Agent
  • Chicago & NWI
  • Posts 729
  • Votes 453

Hey @Alexandra Machado - I have a garage parking space that I rent out to a general contractor, its enclosed with a small lot on the side. I am sure you can get more help if you provide more details on where the spot it located, how many spaces, is it enclosed or on a lot?

Happy to help if I can! 😃

Post: How to invest long distance in the Dominican Republic:

Eudith Vacio
Posted
  • Real Estate Agent
  • Chicago & NWI
  • Posts 729
  • Votes 453

Hey @Junior Jaquet Hernandez - great info! I am curious to know, what type of properties are you investing in the Dominican Republic & are you aibnbing them out? 🧐

Post: Looking for properties in/around the western suburbs...

Eudith Vacio
Posted
  • Real Estate Agent
  • Chicago & NWI
  • Posts 729
  • Votes 453

Where is the property in Chicago located?

Post: Rental property HELOC

Eudith Vacio
Posted
  • Real Estate Agent
  • Chicago & NWI
  • Posts 729
  • Votes 453

Hey @Dan Gongora, from what I am familiar with - a lot of banks stopped HELOCs on investment properties in the last year or so. You might be able to do an ALL in one HELOC with First Savings Bank, I think the guy I worked with Anthony Rushing