All Forum Posts by: Syed Lateef

Dear Property Owners, Property Managers, & Real Estate Agents:

I am in the market to lease your (your clients) apartment/condo for a full 12 months.

If your having trouble leasing your unit and losing money with days being vacant or worried about a current lease ending during the winter off season here's an opportunity for you.   If you own a property within the north-side of Chicago (within the red box in the attached image) I will lease your apartment at market rent for a full year.

In turn I will interior design/furnish the unit and sublease it for short term rentals

(corporate housing, travel medical representatives, & short term vacation rentals).

I have experience in successfully managing 11 furnished units.

I have raised funding to take on 3 to 4 leases by the year end.

Take a look at some of our units in the link below:

http://hostlychicago.com/featured-homes/

Also, how do a successful flip in Chicago. How to make sure to not get into contractor delays or permit/inspection issues.

Frequent things that go wrong in flips (in Chicago)

Estimating rehab costs

How to make sure you are property analyzing ARV comps buy to make sure you are not at a loss after its complete

@Eric La Pratt maybe you can recommend your FHA contractor

North side vs Southside investing in Chicago. Pros & Cons

Why do people invest in neighborhoods that don't cash flow positive

Should I wait to invest for a market correction?

How to handle Chicago Tenant conflicts. FAQ landlord/tenant problems

Can anyone recommend me a Virtual Assistant or Personal Assistant they use that they recommend for my Airbnb start-up in Chicago? 

Perhaps they do a few tasks for you and do a good job and they are in need of more work?

I am open to someone remote, but it would be a added bonus if i found someone in Chicago.

@James Canoy@David Clay@Ryan Crowley

Glad you guys like it!

@Kera Covani- Yes i do house hack

Hey BP

I put together a Multifamily Rental Calculator on Excel. I use it to analyze my potential purchase of rental properties in Chicago.

This may be helpful to to others when analyzing a property. 

You can edit it as you please. It might not be perfect for everyone but its good for some

http://hostlychicago.com/wp-content/uploads/2017/10/mf_analysis.xlsx

@Meghan McCallum I have someone i can recommend, hes reliable and full of energy and gets work done. I will message you

@Account Closed those are amazing numbers as well. I would love to have Airbnb's in Hawaii haha

Yes it is work.

@Sergey Spisovskiy I am in the same market to buy a multifamily as you. A 3 to 4 flat in those neighborhoods and more (logan, irving park, etc). I look everyday for the new ones that come out on the market.The prices are too high to make sense. 

Yes, i can make anything cash-flow with Airbnb, but i buy assuming long term tenants. I need levers to pull if something like the law you mentioned gets implemented.

I honestly dont know the longevity of my model. In the meantime i will capitalize on it as much as i can.

I llike that your also doing Airbnb in Southbend. I would be open to do Airbnb all around the country. You can manage most of the work remotely