How your integrity impacts your business? How are you seen by others when doing business with them? Do they trust you and your word? We treat our word as the most valuable asset in our business! If we say something we REALLY mean it. Not close to…, not almost, but we mean exactly what we [...]
We are proud to announce of another acquisition in the Chicago Metro! Today we have acquired another 6 units building in one of the western Chicago suburbs – Bellwood. The acquisition was funded by a private investor that was purchasing this property as a cash deal. The plans for this property is to rehab, populate [...]
Do you know the 20/80 rule? Who doesn’t… you can apply it to almost anything in life. In our case, I am talking about the rehab project. We are at a stage where we are done with 80% of the rehab, but it looks like we have so much to do still. At this point, [...]
Here is the moment we have been waiting for… We have put the first 7 units on the market!!! In parallel we are continuing with the rehab of the rest of the units and the work is going well. We also have our first tenant that will be moving from one of the units into [...]
Setting goals are one of the most effective and powerful ways for success. Every successful person or business is setting goals for himself or for his business. What makes it so effective? Why do you have to set up goals in order to succeed? I guess it is in our human nature – when we [...]
We have crossed the holidays and the rehab is in progress. Like any rehab project this size, we expected to have some diversions from the original plan. We would like to share with you some of the challenges we are facing and the ways we are dealing with them. One challenge came from our kitchens [...]
Getting the service you deserve – sounds obvious, right? It could be if you have the right attitude. I didn’t say you will get the service you expect from day one, but with the right attitude, you will eventually find the right service providers for you and your needs. This topic is relevant not only [...]
Now that we have a plan we can start the execution… The process should be simple – you just follow your plan, right? Well, in theory, yes. But this is a reality show-time. And in reality, how can we say it gently? Things are not what they are in the books. In order to effectively [...]
After the celebrations, we knew that we need to place our feet back on the ground and start the rehab. But how do you start a $550,000 rehab of 48 units in 3 buildings, so how we are going to do that? We all know those stories of a rehab project that started with a [...]
Short recap we got a commitment letter that was lower than we expected. Instead of getting $1,950,000 we only got $1,820,000 which means that we will need to come with additional $130,000 for closing. When we understood that the reason for that was they thought that $750 rents are too high for this area and [...]
