All Forum Posts by: Aaron Mikottis

@Rob Hayes I have it posted in our community facebook page: https://www.facebook.com/groups/investjoliet/

But that's it. I've elected not to pay for a meetup account that lets me host. 

UPDATE

Heroes West Sports Grill is our location this month.

Address: 1530 Commerce Ln in Joliet 

Date: Wednesday, November 28th at 7:00pm

Location: TBD

Topic: TBD

Please note that this meeting is in a new location because Giovan's closed. The cork wine bar worked out OK but if we get any more people this month it will be too crowded. 

As always, I will add all new atendees to our collaborative google drive where you can get contact info and other bonus docs like a sample lease, my personal Joliet Analysis Map, and many more, uploaded by local investors like you!

There will be no sales pitches at the event, this is purely for local investors to meet up, network, and swap information. Both newbies and seasoned investors are welcome to attend.

Please RSVP so that I can make sure we have enough space set aside for us.

See you there... looking forward to meeting more locals investing in real estate! Invite a friend - let's make this the best meetup yet.

Aaron Mikottis

Gideon,

How did it go last night? What did you hear?

Tonight is the night! See you all there 

Hi Jose, welcome to the Joliet market! I am hosting a meetup for locals like us - if you'd like to attend, there's more info on the event page here: https://www.biggerpockets.com/forums/521/topics/62...

We would love to network with you and see if we can grow our businesses together. There's usually between 8 and 14 people there each month. There are others there that do direct mail, like me. I'd be happy to talk more in person.

Date: Wednesday, October 17th at 7:00pm 

Location: Cork Wine Bar

Topic: TBD

After a brief hiatus, the Joliet Investors Meetup is back in action! Sorry about the downtime - I've been swamped taking down deals. By the meeting, I'll be up to 16 units! I appreciate the push from @Orlando Johnson and @Ed Thelen to get this going again. Please note that this meeting is in a new location because Giovan's closed.

As always, I will add all new atendees to our collaborative google drive where you can get contact info and other bonus docs like a sample lease, my personal Joliet Analysis Map, and many more, uploaded by local investors like you!

There will be no sales pitches at the event, this is purely for local investors to meet up, network, and swap information. Both newbies and seasoned investors are welcome to attend.

Please RSVP so that I can make sure we have enough space set aside for us.

See you there... looking forward to meeting more locals investing in real estate! Invite a friend - let's make this the best meetup yet. 

For screening, I use the Bigger Pockets SmartMove site. The tenant pays for the background and credit check. That's just one part of screening, however, are you planning to manage the property yourself? 

That's what inspections are for! Trust me, you'll find even more work to do once you start the repairs. A healthy repair budget is a must.

Good luck - if you need help with this deal or anything else in Joliet feel free to send me a message. I'm investing in this space also.

I'm a but surprised about that rent for a 2 bed. Maybe if this was west side with nice finishes and a large floor plan. I'd definitely verify. Could be possible with section 8? Still kinda doubtful. 

I'd say that you're probably ok on a cashflow perspective if that's the real rent. But as you've noted, you're not going in with any equity. I'd make a stink of the repairs and ask for a lower purchase price. Seems kinda risky as is.