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All Forum Posts by: Kalonji Mitchell

Kalonji Mitchell has started 18 posts and replied 70 times.

Post: How much money can I make off Airbnbin Chicago?

Kalonji MitchellPosted
  • Investor
  • Chicago, IL
  • Posts 80
  • Votes 24
Before jumping in, know that some regulatory issues are changing. http://www.insidesources.com/union-and-hotels-behind-restriction-of-airbnb-in-austin-and-chicago/

Post: 3 Unit South Shore, Chicago

Kalonji MitchellPosted
  • Investor
  • Chicago, IL
  • Posts 80
  • Votes 24
South Shore is a HOT area. This property closed quickly. Thank you Evan Thoma and Wendell De Guzman for getting this sold.

Post: 3 Unit South Shore, Chicago

Kalonji MitchellPosted
  • Investor
  • Chicago, IL
  • Posts 80
  • Votes 24

David,

I apologize for my delay. This property is set to close on Friday.

Post: 3 Unit South Shore, Chicago

Kalonji MitchellPosted
  • Investor
  • Chicago, IL
  • Posts 80
  • Votes 24

Investor Special. 3 unit property sold as-is. Cheap price for fire sale. Property needs rehab. As-is Value is $70,000. ARV, $200,000. High rental area.

The property has violations; seller looking for a quick sell. 

Cash only!!

Post: Chicago North Side West Ridge - Large SFR, $140K Profit

Kalonji MitchellPosted
  • Investor
  • Chicago, IL
  • Posts 80
  • Votes 24

As a hard money broker, I have access to investors selling properties. This is a HUGE Chicago Bungalow with 4 bds, 2 baths and 1600+ sq ft on the first floor. There is an unfinished second floor attic space that can be easily updated to add at least 1400 sq ft, a bedroom-bathroom suite. Houses with 4bd, 2+bth in this location sale for over $450,000.

Comparables:

https://www.redfin.com/IL/Chicago/2637-W-Coyle-Ave...

https://www.redfin.com/IL/Chicago/5827-N-Fairfield...

https://www.redfin.com/IL/Chicago/5756-N-Fairfield...

Asking Price is $285,000 - Cash only.

Feel free to email me at [email protected]

Post: Chicago!

Kalonji MitchellPosted
  • Investor
  • Chicago, IL
  • Posts 80
  • Votes 24

@Dominique Poindexter

The title companies @Crystal Smith mentioned are great for investors. I would also add Old Republic and Stewart Title. 

Post: If you need to sell a commercial mortgage note

Kalonji MitchellPosted
  • Investor
  • Chicago, IL
  • Posts 80
  • Votes 24

Don,

What are the types of terms for the notes you buy? What's in your wheelhouse?

Post: Looking for Chicago Investors to connect with

Kalonji MitchellPosted
  • Investor
  • Chicago, IL
  • Posts 80
  • Votes 24

Lily, as a hard money broker, I am consistently asked for property, even though I don't wholesale. I guess the fact that I'm in constant contact with investors.... 

Please send me what you have; location is flexible. 

Post: EZ Gap Funding

Kalonji MitchellPosted
  • Investor
  • Chicago, IL
  • Posts 80
  • Votes 24

Ram, if you begin to lend in Chicago, please make me aware.

Thanks.

Post: New York NPN's

Kalonji MitchellPosted
  • Investor
  • Chicago, IL
  • Posts 80
  • Votes 24

My associate is selling a small group of NPN's for across the state of New York. They are all Single Family Residences.

- Non-Performing loans are on sale for about 60% of value, depending upon location and condition.

- Each can be cherrypicked

To move forward:

Commission is 2% of sells price, payable by the buyer.

See the Dropbox Link for details.

Feel free to email me at [email protected].

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