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All Forum Posts by: Mike York

Mike York has started 20 posts and replied 155 times.

Post: south Chicago (dolton area)

Mike YorkPosted
  • Investor
  • Valparaiso, IN
  • Posts 175
  • Votes 43

dolton* thank you auto correct...

Post: south Chicago (dolton area)

Mike YorkPosted
  • Investor
  • Valparaiso, IN
  • Posts 175
  • Votes 43

I work in burnham which is next to Dillon and I would consider it a c class area.  I don't know the statistics but I have seen worse places for sure. 

Post: New Member form Northwest Indiana

Mike YorkPosted
  • Investor
  • Valparaiso, IN
  • Posts 175
  • Votes 43

Hi @Trent Grider 

Welcome to BP!  I am from NWI as well.  Good for you to be looking ahead like this.  If I can help out in any, feel free to let me know.  

Post: Part time wholesaler taxes

Mike YorkPosted
  • Investor
  • Valparaiso, IN
  • Posts 175
  • Votes 43

I will be finding out here in the next few weeks. I am in the same boat. The accountant I spoke with said unless I make 10-15k a quarter, I don't need to file quarterly. She said it would just go under my personal as a sole proprietor even though I have a LLC. I have been keeping 20% for taxes so time will tell.

Post: New member from Indiana with interest in Chicago investments

Mike YorkPosted
  • Investor
  • Valparaiso, IN
  • Posts 175
  • Votes 43

Hi @Elizabeth J. 

I wholesale Southside Chicago and NWI.  I would be glad to help :)

Post: East Chicago, Indiana

Mike YorkPosted
  • Investor
  • Valparaiso, IN
  • Posts 175
  • Votes 43

when I said I wholesaled properties it was supposed to say East Chicago not Chicago, LOL

Post: East Chicago, Indiana

Mike YorkPosted
  • Investor
  • Valparaiso, IN
  • Posts 175
  • Votes 43

hello @Matt B. 

I have wholesaled a few properties in Chicago and I will tell you it is not an a or B area. There are some areas I would say are better than the southside of Chicago and if you pay over 40,000 for a property there, you paid too much.  To play devils advocate it a little bit, you can find some good deals and be profitable, you may need a property manager. I know Gary Indiana is favorable for section 8 but not sure about East Chicago.  

Post: Investor Friendly Title company in Chicago, IL

Mike YorkPosted
  • Investor
  • Valparaiso, IN
  • Posts 175
  • Votes 43

Try Meridian Title.  They are pretty investor friendly.  They can do remote closes also so no need to go to the office.  At least this has been my experience with them in Indiana.  Office is in Tinley Park I believe. 

Post: Far South Chicago

Mike YorkPosted
  • Investor
  • Valparaiso, IN
  • Posts 175
  • Votes 43

Thank you everyone.  @Mike H. @Jeremy Tillotson @Crystal Smith 

Good insight.

Post: New Investor/Wholesaler from Chicago, IL

Mike YorkPosted
  • Investor
  • Valparaiso, IN
  • Posts 175
  • Votes 43

Great place to be @Jared B. 

Hope you do very well this coming year.