All Forum Posts by: John Weidner

@Polina Goncharova

Usually the insurance company determines the value. One advice I will have is don't skimp on Insurance. When you need it...you need it. If you have tenants in the basement I probably would add a basement coverage to cover sewer backup. Was any flooding disclosed on the disclosures?

I can put you in touch with an insurance agent who I've been pretty happy with if you want.

Also recommend consulting with an attorney going into the lease situation buying a building rented. Make sure you get any security deposits documented before close. I would probably talk to the tenants prior to closing to confirm that.

If you need anything else just let me know..

@Brie Schmidt

Only attended 1 but I personally like the current format...just networking

@Ana N.

I'll be at the meet up but late due to a work travel. See you then!

I've never put on a new roof without a deposit.

I don't think its an unreasonable request from the contractor

I would definitely verify references. Wait a month or 2 as well and the roofing contractors will slow down in August.

Average in Chicago is about $250 - 300 per sq tear off no wood replacement

@Polina Goncharova

Congrats. I like the #'s.

Is the an MLS deal?

I like McKinley Park from a location perspective...

@Ana N.

Awesome news! Congrats!!!

Welcome @Steven Rhodes

Where are you at in Chicago?

Ha! Actually just got my next flip under contract Friday

Looking forward to you getting your Wisc license so you can start opening some doors up there for me

@Brie Schmidt

Awesome news!!!! CONGRATS!!!

Really good decision

@Brie Schmidt prefer Cumberland. Where you thinking?