All Forum Posts by: John Weidner
John Weidner has started 16 posts and replied 691 times.
Sherwin Williams - Agreeable Gray
Post: Cost of a tear down?
- Chicago, IL
- Posts 710
- Votes 200
Must be a very small house to tear down for $5K. dump fees alone will run thousands
Post: Chicago: FREE AT 23!
- Chicago, IL
- Posts 710
- Votes 200
@Andrew Holmes@Account Closed
Ok basic question - how are you buying B suburbs cash flowing $4-500 per month and paying a property free and clear in 7 years. My # says that is a $50k property. I suppose a town home or something? I don't see may SFR in B hoods in Chicago priced at $50K
Impressive #'s regardless
Post: Retired At 40 years old (Busy Professional To Full Time Investor)
- Chicago, IL
- Posts 710
- Votes 200
Same Rahul Visal who is listed as CFO of Chicagocashflow.com?
Impressive aquisition record....what area in Chicago is your farm?
Post: Cost of a tear down?
- Chicago, IL
- Posts 710
- Votes 200
I've been seeing $20-25K in Chicago. This would include permits, utility disconnection, debris removal, and site prep basically graded for the foundation crew to start pouring a new basement
Post: Turn your house hack into an "Airbnb product" to sell to investor
- Chicago, IL
- Posts 710
- Votes 200
When I spent time looking a few weeks ago people were killing it in Wicker Park and Lakeview.
Frankly I don't get the attraction when you can stay in a hotel for the same price with better amenities and location but I'm not the clientele
It's a good model. I'll be interested to see how your business is in late fall through April
Good post and I'm happy to hear of your success
Post: Turn your house hack into an "Airbnb product" to sell to investor
- Chicago, IL
- Posts 710
- Votes 200
good post @Samson Kay
I looked into AirBnB and I was shocked what people pay on that site in Chicago considering you could get a hotel for the same price in most instances.
So $125 in Humbolt...good for you.
Have you had any repeat customers? I know the reviews on that site are key to filling your property
Post: Lessons learned from a JV flip gone wrong
- Chicago, IL
- Posts 710
- Votes 200
What is the address?
Post: Diary of a Flip: Single Family Colonial in Plainville, CT
- Chicago, IL
- Posts 710
- Votes 200
good work - now get it sold this weekend!
Post: Licensed Contractors' civil responsibility and integrety
- Chicago, IL
- Posts 710
- Votes 200
Originally posted by @John Ma:
This has certainly been a valuable learning experience for me.
I know I still got decades ahead of me to shine, so this is little bump isn't a big deal in the grand scheme of things.
I did exercise my negotiation skills and we agreed on a 25% discounted price.
Probably the last time that Roofer will want to work with you. If he is just a roofer they are easy to find. However, if you pull these tactics with other contractors they won't want to work with you again. Keep that in mind.