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All Forum Posts by: Sarita Scherpereel

Sarita Scherpereel has started 41 posts and replied 632 times.

Post: Keeping It Real Estate Meetup - House Hack For Pennies

Sarita Scherpereel
Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 647
  • Votes 368

Join us for a Real Estate Investor networking event! At our February meetup, we'll be joined by our client, Marshall Davis, and his lender, Johnita Herndon, Residential Loan Officer at Associated Bank. We'll learn about Marshall's search, purchase, and renovation, the community lending programs and grants that made his deal especially enticing, and how he's slashed his living expenses. Bring your questions and be prepared to feel jealous!

RSVP

Doors open at 6:30 pm for networking. The discussion panel starts at 7 pm.

Navigator Taproom 

πŸ“ : 2211 N. Milwaukee Ave. #100, Chicago, IL 60647

Drinks and pizza, care of Paper Plane Pizza, will be available for attendees to purchase.

Real estate doesn't have to be scary! We want to remove the fear of investing and leave you with the tools and knowledge to leverage your assets and scale up. Sarita has helped numerous house hackers and investors purchase investment properties in Illinois. The one thing that will inevitably come up with every buyer is nerves. There is a lot of uncertainty in investing. The endless hypotheticals will give you analysis paralysis. Unless, you know how to navigate the market, properties, and the transaction. By attending our meetup, you will learn how to make more educated decisions and let go of your nerves.

Post: Real Estate Meet Up

Sarita Scherpereel
Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 647
  • Votes 368

Hi Abigail! I will DM you! Thanks for the mention @Jonathan Greene!

Post: Strategies For Tax Season Success

Sarita Scherpereel
Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 647
  • Votes 368

Join us for a Real Estate Investor networking event! 

At our January meetup, @Tim Reichert  , CPA and Senior Tax Manager with The Hechtman Group, will discuss the best tax practices for real estate investors. Whether you are just getting started in investing or you have to get your entire portfolio ready to file, Tim will walk us through the best ways to get organized so tax season doesn't feel like a jump scare in a haunted house!

RSVP 

Doors open at 6:30 pm for networking. The discussion panel starts at 7 pm.

πŸ“ 2211 N. Milwaukee Ave. #100, Chicago, IL 60647

Drinks and pizza, care of Paper Plane Pizza, will be available for attendees to purchase.

Real estate doesn't have to be scary! We want to remove the fear of investing and leave you with the tools and knowledge to leverage your assets and scale up. Sarita has helped numerous house hackers and investors purchase investment properties in Illinois. The one thing that will inevitably come up with every buyer is nerves. There is a lot of uncertainty in investing. The endless hypotheticals will give you analysis paralysis. Unless, you know how to navigate the market, properties, and the transaction. By attending our meetup, you will learn how to make more educated decisions and let go of your nerves.

Post: Renting Non-Conforming Garden Units in Chicago

Sarita Scherpereel
Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 647
  • Votes 368

Hi Mario- Is this a non-conforming unit or illegal unit? These words have different meanings and you're using them in your question as if they mean the same thing. Many people use these words interchangeable. Even though they do not have the same definition. Has the city issued the owner a citation that the unit needs to be decommissioned? That would make the unit illegal and they cannot rent it out. Does it have building code violations on it?

Post: What Your Lawyer Wishes You Knew Before Buying A Multi-Unit

Sarita Scherpereel
Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 647
  • Votes 368

Join us for a Real Estate Investor networking event! At our November meetup, we'll be joined by Ezekial McDonald-Lewis, Associate Attorney at Erwin Law. He'll cover a wide range of issues landlords need to understand, including building code violations, providing adequate notice for rent increases and lease terminations, and navigating the eviction process. Bring your questions, and Zeke will help give a rundown of basic issues multi-unit owners face. Whether you are just getting started or have many doors under your belt, this event is a must attend!

Doors open at 6:30 pm for networking. The discussion panel starts at 7 pm.

πŸ“ : 2211 N. Milwaukee Ave. #100, Chicago, IL 6064

RSVP

Drinks will be available for attendees to purchase. Food can be purchased next door at Beautiful Rind. OUTSIDE FOOD WELCOMED!

Real estate doesn't have to be scary! We want to remove the fear of investing and leave you with the tools and knowledge to leverage your assets and scale up. Our Team has helped numerous house hackers and investors purchase investment properties in Illinois. The one thing that will inevitably come up with every buyer is nerves. There is a lot of uncertainty in investing. The endless hypotheticals will give you analysis paralysis. Unless, you know how to navigate the market, properties, and the transaction. By attending our meetup, you will learn how to make more educated decisions and let go of your nerves.

Post: NW Property Manager

Sarita Scherpereel
Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 647
  • Votes 368

You should reach out to @Mark Ainley

Post: Chicago Area Real Estate Investor Meetups/Networking Events

Sarita Scherpereel
Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 647
  • Votes 368

Hi Dave! 

There's a bunch to check out. Some are specific to house hacking and those just getting started. Then there are more general meetups that a many different types of investors. https://www.biggerpockets.com/forums/521 

Post: Keeping It Real Estate Meetup - Creative Financing

Sarita Scherpereel
Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 647
  • Votes 368

Join us for a Real Estate Investor networking event! At our October meetup, we'll be joined by Eric Workman, Managing Director at Renovo Financial. He'll walk us through different financing strategies his clients have been using to make the most of their money in this challenging market. This meetup is perfect for those seeking clarity on financing after graduating from House Hacking and owner-occupied loans. Eric's clients use a number of loans, including fix-and-flip, rehab, bridge, commercial multi-family (up to 30 units), construction, and add-value loans. He'll walk us through various projects and answer any questions you throw at him along the way.

Doors open at 6:30 pm for networking. The discussion panel starts at 7 pm.

πŸ“ : 2211 N. Milwaukee Ave. #100, Chicago, IL 60647

Drinks will be available for attendees to purchase. Food can be purchased next door at Beautiful Rind. OUTSIDE FOOD WELCOMED! 

Real estate doesn't have to be scary! We want to remove the fear of investing and leave you with the tools and knowledge to leverage your assets and scale up. Sarita has helped numerous house hackers and investors purchase investment properties in Illinois. The one thing that will inevitably come up with every buyer is nerves. There is a lot of uncertainty in investing. The endless hypotheticals will give you analysis paralysis. Unless, you know how to navigate the market, properties, and the transaction. By attending our meetup, you will learn how to make more educated decisions and let go of your nerves.

Post: Seeking Recommendations for Investment-Friendly Managing Brokers in Chicago Area

Sarita Scherpereel
Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 647
  • Votes 368

@Krunal Patel @Julin Shah I've been at bigger brokerages- @properties and Compass. Small investor centered brokerages are typically better for the types of training you need- for investing. Bigger Brokerages are centered on transactional agents that don't handle complicated transactions or buyers with growth strategies. It really depends on what your individual goals for your licenses are so to what would best serve you.

In my career, I have found bigger companies to be helpful. I was always a full time agent and at bigger agencies I found teams to be on that helped as I grew my business. However, where I really learned to scale, grow my network and ACTUALLY LEARN THE BUSINESS was at a smaller brokerage on an investor friendly team. I had a mentor, clients that needed immediate help and that helped me make money quickly. As I was full time, I had to catch what I ate and needed that databased to do so. What I brought in (at that time) was not enough for my financial goals. After a certain point, I didn't need the team or brokerage anymore. I created my own team and now I'm known as an expert in the field. 

Really, the biggest benefit of smaller companies will be better commission splits, desk fees, low marketing costs, etc. Every place is different. You should take the time to speak to a few places before finding a good fit. Again, it really depends on your goals.  

Post: Co-signers? (skittish from bad experience)

Sarita Scherpereel
Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 647
  • Votes 368

I think it depends on the market the property is in. If you're in an area that has a lot of college students then you might want to think about ways to create the standards you need to fell comfortable with this. Especailly, if you're doing a rent by room situation. That will capture the attention of more people who need co-signers.