All Forum Posts by: John Weidner
John Weidner has started 16 posts and replied 691 times.
Post: Tenant Appreciation or Holiday Gift

- Chicago, IL
- Posts 710
- Votes 200
I think it's completely unnecessary and creates too personal of a relationship.
Post: splitting the profits

- Chicago, IL
- Posts 710
- Votes 200
It's 50/50 per your statement.
So your value is 50%
Post: MLS Access Needed - in Chicago, IL.

- Chicago, IL
- Posts 710
- Votes 200
MRED prohibits sharing logon ID and Passwords. Any Realtor that gives this to a client is in violation of MLS rules.
Good luck.
Post: Advice on contractor woes

- Chicago, IL
- Posts 710
- Votes 200
If you didn't pay him find someone else
2wks job? Is he sanding the floors with his bare hands?
Post: Painting basement ceiling black a good move?

- Chicago, IL
- Posts 710
- Votes 200
I've seen it done and it looks ok. I would personally drywall the ceiling
Post: Completing a flip for 60k total possible in Chicago/Indiana area

- Chicago, IL
- Posts 710
- Votes 200
In Chicago I would say doubtful to be profitable. I don't know NW Indiana
Your risk in these C neighborhoods is comps/ARV and moving the property quickly. You can have any profits disappear quick on carry on costs and if you don't know your farm you may over improve to a point it won't appraise out or worse yet not get a buyer
Post: Concrete block construction house

- Chicago, IL
- Posts 710
- Votes 200
you'd want to stud it out and insulate and drywall so there is room for mechanicals and the insulation is key.
On the outside you could cover it with 3/4" plywood, tyvek and the Hardi or Vinyl . I like Hardi personally it has a more expensive look and good brand . Other option Stuco.
Post: simplisafe - security for flips? has anyone used it?

- Chicago, IL
- Posts 710
- Votes 200
I use it on my flips. It's easy to install and works and there is a good App to control it.
Tell your contractors like I do not to leave any tools on site.
Post: Can't sell a fix / flip house -

- Chicago, IL
- Posts 710
- Votes 200
if your not getting showings the property is priced too high or the location is terrible.
Post: Can't sell a fix / flip house -

- Chicago, IL
- Posts 710
- Votes 200
how's the floor plan?
I always say a house doesn't sell due to location, price, floor plan or finishes
Also I'd be asking local brokers opinion on why it's not selling not a bunch of internet arm chair quarterbacks