Case Study

In February 2018, a home in Wheaton, Illinois was on the market for sale. The home went under contract, however, there was a two-month close date the seller agreed to. The seller originally felt comfortable with an extended closing date because the buyer was paying cash and had no mortgage contingency. The seller was relieved and moved on with their plans to move out of state to prepare for a new employment opportunity.In April, just on...

One of the higher risk decisions an out of state investor needs to make is “what property management company to hire” in the local market where the investment is located? This sometimes carries more risk than the decision on the actual property being purchased.  Since the real estate crash in 2008, out-of-state investments in cash flowing(turnkey) properties has become a popular investment tool for many Americans and in...

In 2017 we took over a property that had some tenants, squatters, and way too many roaches. Neither of the latter two were paying rent.  Anyone that was paying was paying not nearly as much as the property should have been generating. We took over this 42-unit building that was located in a working-class neighborhood in the Chicago Western suburbs. Prior to meeting us, the owner had hired a one man show, someone who was not a real ...