All Forum Posts by: Steve Kehoe

 Thanks Tom - much appreciated! I'm getting in touch with Aaron.

Wondering if anyone has a good accountant/CPA in the Chicago area they can recommend? I'm looking to build a relationship and potentially have them guest speak at our upcoming investor events. Looking for someone with familiarity with maximizing tax advantages for investors.  If anyone comes to mind, please send my way! Thanks!

Hello! We are hosting a Multi-Family Investor Networking event on June 1st, 2022.

This event is open to ALL real estate investors! We're hoping to create a space for current and aspiring multi-family/apartment real estate investors to learn, network, and have the opportunity to discuss upcoming multi-unit properties that may be going to market in the near future. Let's talk about best practices and off market deals! We hope to help you expand your portfolio, your network, and ultimately your wallet.

Registration & more details HERE. 

>> Event Details: June 1st, 2022 | 6-8pm CST | A&N Mortgage - 1945 N Elston Ave.

*Hosted by The Kehoe Group at COMPASS Real Estate and The Landon Hoon Team at A&N Mortgage.

Hello! We are hosting a Multi-Family Investor Networking event on June 1st, 2022.

This event is open to ALL real estate investors! We're hoping to create a space for current and aspiring multi-family/apartment real estate investors to learn, network, and have the opportunity to discuss upcoming multi-unit properties that may be going to market in the near future. Let's talk about best practices and off market deals! We hope to help you expand your portfolio, your network, and ultimately your wallet.

Registration & more details HERE.

*Hosted by The Kehoe Group at COMPASS Real Estate and The Landon Hoon Team at A&N Mortgage.

I'd just like to echo the advice of @Ibn Abney and @Don Aleshire and say that getting your financing lined up is going to be the most important first step. If you need to work through some different scenarios with a lender, then shoot me a DM and I can refer a couple great lenders for multiunits. 

FHA, 3.5% down, may be a great scenario but you need to consider neighborhoods that allow you to do that.

Welcome to the community!

Totally depends on your strategy. Location is an obvious one, but there are a lot of good neighborhoods in Chicago. I work with clients mostly on the north side of the city. 
Your search can definitely be narrowed down by budget, and then secondly by what you are looking for in risk/return. If you are going to owner occupy and put low money down, then it'll also narrow your search down quite a bit due to lending restrictions - you may also have a preference on what neighborhood you want to live in.
Also, are you looking for turnkey or value add properties? My recommendation for your first one would be to not do a total gut rehab.

I wish there was a simple answer for you, but every person's situation is different. At the end of the day, the numbers have to make sense.  If you want a better snapshot of what to expect, just let me know and I'll walk you through it all based on what your situation and goals are. 

Hi Jake,

I'd recommend reaching out to Billy at AllSet Turnover. Had a bunch of clients work with them and they only have good things to say.