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All Forum Posts by: Jon Crocilla

Jon Crocilla has started 1 posts and replied 5 times.

Post: Looking to connect Chicago Investors w/ Dev/Rehab Opportunities

Jon CrocillaPosted
  • Real Estate Agent
  • Chicago, IL
  • Posts 5
  • Votes 1

@Joe Cantanzriti I appreciate the input. There are a lot of emerging markets and opportunities here in Chicago. We have one of the most undervalued purchase markets and one of the highest rental markets, a good recipe for success if you position yourself correctly. 

Post: Looking to connect Chicago Investors w/ Dev/Rehab Opportunities

Jon CrocillaPosted
  • Real Estate Agent
  • Chicago, IL
  • Posts 5
  • Votes 1

@Michael Lee Thank you for the advice, it was more of a genuine question and less of an advertisement but you have made your point...

Post: Looking to connect Chicago Investors w/ Dev/Rehab Opportunities

Jon CrocillaPosted
  • Real Estate Agent
  • Chicago, IL
  • Posts 5
  • Votes 1

I am new to the site, but not the industry. I have a great network of bright and motivated agents that I work with throughout the city of Chicago. This network allows me to connect people with inventory and opportunities that can be difficult to find, I am looking to share them here! 

My questions are; What is the best platform to sharing development and rehab opportunities with investors interested in Chicago and surrounding areas? The marketplace? Forums or blogs? Very simply, I am looking to connect people to on and off-market opportunities. 

I am open to any suggestions, thank you!

Post: 4 unit in Chicago - first deal

Jon CrocillaPosted
  • Real Estate Agent
  • Chicago, IL
  • Posts 5
  • Votes 1

@Brie Schmidt It's great for investing, the rental market really offsets the purchase price and makes it very inviting for people to buy into multi-unit properties. I have a feeling REIT investments will continue to be a good investment as well with a strong Chi/San Fran/New York base.

Post: 4 unit in Chicago - first deal

Jon CrocillaPosted
  • Real Estate Agent
  • Chicago, IL
  • Posts 5
  • Votes 1

Ryan, the info provided looks pretty solid in regard to covering the costs. There is also a cost benefit to writing off some of the expenses you should discuss with your accountant or tax attorney. This will help off-set some of your expenses and add to capital gains. 

As always, there is a lot that goes into these transactions under the surface level. The good news is we have a top 10 rental market in the country and they are expected to rise consistently. I believe these are the best buys in Chicago, however I could not see the link to the exact location. Are you a licensed realtor yourself?