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All Forum Posts by: Eudith Vacio

Eudith Vacio has started 7 posts and replied 695 times.

Post: Real Estate Investor Looking to connect!

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

Hey @Tieirra Singleton 👋🏽

Super nice to meet you! Where in the Chicago area do you invest? it's always great meeting like-minded individuals especially women 😃

Post: You're gonna Evict a lot of Crappy Tenants if you Invest in Chicago

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

haha @James Wise - definitely a great video to discuss evictions & how to property vet tenants. If you have to do an eviction in Chicago, its a long lengthy process and while the most investors don't have to deal with many, it's definitely something to consider before investing in real estate in Chicago. I'm licensed in Indiana & invest in the Northwest portion and it is so different where evictions only take 2 weeks and cost $500 - very different from Chicago where it takes months and it's more costly. The laws in Chicago SUCK! 

Post: New Investor - Looking to Connect!

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

Hey @Christian Artuso 👋🏽

I’m RE agent + investor in the Chicago and Northwest Indiana markets. I absolutely love both of these areas and believe there are great opportunities everywhere, whether you're buying to live or investing. In particular, I’m a huge fan of the South Side of Chicago or Northwest Indiana for cash-flowing properties. There's real potential there to build a successful portfolio.

If you’re looking to connect or need any insights into these markets, feel free to reach out! 

Happy to share thoughts or help guide you in your investing journey. HAPPY INVESTING!


Post: Rookie real estate investor

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

Hey @Derek Soohoo 👋🏽

Welcome to BiggerPockets!

If you're new to real estate investing and looking to get the best value, I'd suggest considering **house hacking** using an **FHA loan**—it can be a great option for first-time buyers. By purchasing a multi-unit property, living in one unit, and renting out the others, you can cover your mortgage payments and start building equity while gaining rental income. The FHA loan allows for a lower down payment, which is a fantastic advantage!

However, if you're leaning more toward **purely investment properties** and have the flexibility to dive into the numbers, I would recommend looking at the **South Side of Chicago**. There are some fantastic cash-flowing properties in the area, especially in emerging neighborhoods. Many of these properties are undervalued and can provide great returns once you establish solid tenants.

I'd be happy to guide you through your options, whether you're interested in house hacking or building an investment portfolio. 

Happy investing!

Post: Tips for Out of Town Landlord Navigating Eviction and Money Judgement

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

@Sarah Hadassah Negrón you are very welcome! 😃

Post: 7 Unit Building - 1908 W 48th St , Chicago, IL 60609

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

This building is beautiful! I am sure you will have no problem selling it 😉

Post: Tips for Out of Town Landlord Navigating Eviction and Money Judgement

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

Hey @Sarah Hadassah Negrón 👋🏽

Welcome to BiggerPockets, and thank you for sharing your experience! Navigating eviction and collecting past due rent can certainly be challenging, especially while managing property from out of town.

For managing the process remotely, I’d recommend joining the **Chicago Friendly Landlord group** on Facebook. It’s an excellent community for fellow landlords in Chicago, and you'll find many others who have faced similar eviction and collections issues. They offer great advice on handling these situations, including tips on dealing with the sheriff and eviction procedure, as well as navigating money judgment collection.

In terms of whether you should hire a lawyer or manage it yourself, it depends on the complexity of your specific case and your comfort level with the process. For money judgments, in particular, it’s often worth consulting with an attorney to make sure everything is handled properly and legally—especially when you’re operating remotely.

Best of luck with the process, and definitely reach out to the Facebook group for some additional insights!

Let me know if you need any more help—I’m happy to provide additional guidance! 😃

Post: Looking to Join a Broker Team

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

Hey @Jesus Santoyo - this post is about 17 days old but did you end up making a decision? I would definitely join a broker that allows you to work remotely easily. I am with eXp realty and absolutely love it! 

Post: Looking for insurance provider for a multi-family building in East Chicago

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

Hey @Kapil Bisht - awesome area to invest! 

I have an insurance broker there in Indiana that does all of my quotes. I have a 3-unit in East Chicago, too! Kudos to you!

Post: How do I Scale from Here

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

Hey Andrew👋🏽, it sounds like you're leaning into Option 3 - buy another house hack, and based on your situation, that seems to be the best option for you until you can build up enough equity to buy a deal cash - also consider that if a property is distressed, you can also do a hard money loan and they will give you the money to rehab the property, too. Something to consider for your future endeavors! best of luck 😃