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All Forum Posts by: Sam L.

Sam L. has started 5 posts and replied 159 times.

Post: Government mandated solar panels.

Sam L.
Posted
  • Rental Property Investor
  • Joliet, IL
  • Posts 163
  • Votes 85

I have mixed feeling about this. We had a mandate that required all new residential homes in my town to be built with fire suppression sprinkler systems. New home construction in the town plummeted (economy was surely a factor as well). Article on the repeal below.

http://www.theherald-news.com/2014/07/09/crest-hil...

"July 9, 2014

CREST HILL – City officials said repealing mandatory fire sprinkler systems in new residential housing will help make the city economically competitive again.

However, Lockport Township Fire District officials said the repeal was a mistake. The fire district serves Crest Hill.

In December 2009, the Crest Hill City Council passed Ordinance 1513, which mandated a fire suppression system, or automatic fire sprinklers, be installed in any new residential construction.

On Monday, the city council repealed that ordinance, eliminating the requirement to install fire sprinkler systems and reverting the city’s fire codes back to the 2000 International Fire Code.

Mayor Ray Soliman said he changed his stance on the fire sprinkler mandate and decided to bring the repeal up for a council vote.

“I’ve had a change of heart over the years due to the economic times we live in now,” Soliman said, adding that his goal was to do everything he can for residential and commercial development.

“The fire suppression ordinance has hindered us more than helped us to bring future growth during tough economic times,” he said.

Soliman said that while the ordinance was important for the safety it provided residents, it slowed down growth in the city over the past five years.

Soliman mentioned recent attempts by the City of Chicago and Will County to enact similar fire sprinkler ordinances, but those did not pass.

“At the end of the day, it comes down to pennies,” Soliman said. “Developers were coming before us. They had an opportunity to save $2.50 to $4 per square foot based on residential development elsewhere.”

Lockport Township Fire District Chief David Skoryi advocated against repealing the ordinance.

“We think it’s a mistake,” Skoryi said. “Statistically, more people die in their homes from a fire than anywhere else – shopping centers, McDonald’s. People are dying in the house.”

Skoryi said 76 towns or fire districts in Illinois require residential fire sprinkler systems.

Crest Hill officials “invited us in to share our thoughts with them,” Skoryi said. “They’re voting what they think is best from their perspective. Our view is that Crest Hill was a trendsetter when they passed this. We’re just disappointed they decided to repeal.”"

Post: Chicagoland RE investor hopeful

Sam L.
Posted
  • Rental Property Investor
  • Joliet, IL
  • Posts 163
  • Votes 85

Welcome to the forum.  I invest in Joliet and Rockdale,  prices are high and deals are harder to come by.  Good luck and don't hesitate to ask any questions. 

Post: From selling dope to selling houses

Sam L.
Posted
  • Rental Property Investor
  • Joliet, IL
  • Posts 163
  • Votes 85

Congrats on turning your life around. Keep on hustling!

Post: Inheriting a smoking tenant in a house hack

Sam L.
Posted
  • Rental Property Investor
  • Joliet, IL
  • Posts 163
  • Votes 85

Thinking a smoker will not smoke in your property is a pipe dream. They will lie and tell you they won't, but when its 10* outside they'll bend the rules. After she leaves, clean and paint the unit to rid the smell and have a no smoking policy going forward.

Post: New investor from Crest Hill,IL

Sam L.
Posted
  • Rental Property Investor
  • Joliet, IL
  • Posts 163
  • Votes 85

Welcome Bill!

I'm also reside in Crest Hill and an electrician at a local plant. What areas in particular have you been looking in? Both of my rentals are in Joliet. Good luck on your goals and stay focused! 

Post: Joliet Investors Meetup 3.14.18

Sam L.
Posted
  • Rental Property Investor
  • Joliet, IL
  • Posts 163
  • Votes 85
Originally posted by @Aaron Mikottis:

Tonight is the night! Looking forward to meeting you all out there tonight at 7pm.

 I got tied up at work, hope it was a good one!

Post: Return missed calls when they don't leave a voicemail?

Sam L.
Posted
  • Rental Property Investor
  • Joliet, IL
  • Posts 163
  • Votes 85

I never called anyone back that didn't leave a message. I got the house rented out within 15 days in the middle of January, I was shocked at the number of people interested in moving during that time of the year.

Post: Joliet Investors Meetup 3.14.18

Sam L.
Posted
  • Rental Property Investor
  • Joliet, IL
  • Posts 163
  • Votes 85

I'll be there

Post: Paint Suggestions for a Live-In Flip?

Sam L.
Posted
  • Rental Property Investor
  • Joliet, IL
  • Posts 163
  • Votes 85

I use "Dolphin Fin" on all the walls in all my houses. Flat white on ceiling and bright white semi gloss on trim and doors

These are C class properties but this is my most recent one:

https://www.sign2web.com/ads/424746554-208-meadow-ave?locale=en

Post: Joliet Investors Meetup

Sam L.
Posted
  • Rental Property Investor
  • Joliet, IL
  • Posts 163
  • Votes 85

I'm in