All Forum Posts by: Tomas Satas
Tomas Satas has started 23 posts and replied 61 times.
Post: Evicting a tenant that stopped allowing showings during home sale

- Investor
- Berwyn, IL
- Posts 64
- Votes 8
Greetings fellow landlords.
Has anybody successfully evicted a tenant that completely stopped allowing showings?
The building is for sale and it’s a very long story.
To make it extremely short...
We have cooperated 1000% and have even bent over backwards with this tenant’s showings “rules.”
She would only allow week day showings, 2 hour window, shoes off, and on and on.
We complied because we did not want to start a war.
So all of a sudden the other day we notified her of a showing 24 hours in advance and she said we cannot show her floor until she moves out.
She still has a year left on her lease because the genius previous owner was signing 2 year leases with her.
Now our only option is eviction.
Has anybody evicted a tenant for breach of lease agreement due to denying showing requests?
Thanks so much. :)
Post: Tearing down my 2-flat to build 5 townhouses

- Investor
- Berwyn, IL
- Posts 64
- Votes 8
How did this go?
Post: HELOC on primary - Andrews Federal CU

- Investor
- Berwyn, IL
- Posts 64
- Votes 8
Any luck?
Post: S Corp question for flipping houses

- Investor
- Berwyn, IL
- Posts 64
- Votes 8
So I am thinking of starting an S Corp to take advantage to the tax savings while flipping houses.
Has anybody run into an issue buying properties from either online or live auctions as an S Corp?
Also is all the extra work and cost of maintaining an S Corp worth the tax savings?
Thanks! :)))
Post: Home Vestors, is it a good entry point?

- Investor
- Berwyn, IL
- Posts 64
- Votes 8
@Adam Schneider
As would I.
Post: Searching for IL Accountant that only works with RE Investors

- Investor
- Berwyn, IL
- Posts 64
- Votes 8
Greetings!
Can somebody please recommend an accountant that specializes in RE Investing and mostly only works with investors?
Thanks. :)
Post: IL lender that offers lines of credit on commercial properties?

- Investor
- Berwyn, IL
- Posts 64
- Votes 8
What up BP family!
Can anybody recommend a bank or credit union in IL that offers lines of credit on commercial properties?
Thank you!
Post: Cook county firm that specializes in condo property tax appeals?

- Investor
- Berwyn, IL
- Posts 64
- Votes 8
Thanks! :)
Post: Searching for Credit Union in IL that offers HELOCs.

- Investor
- Berwyn, IL
- Posts 64
- Votes 8
What's up everybody!
I am looking for a Credit Union in IL that offers rates below prime for a primary resident.
Long story short is that my home is paid off and I would like to get a HELOC.
I've found a lot of CU's online but would feel better with recommendations and hearing about your experiences.
Thanks so much! :)
Post: Do you use FaceBook Ads to generate leads?

- Investor
- Berwyn, IL
- Posts 64
- Votes 8
Yeah what happened to your plan buddy?