Chicagoland Multifamily, 800+ Units - Bear Peak Capital, Family Office - Sold Tech Co in 2013 - Buying Multifamily & Investing Into Private Cos Chicago, ILJoined June 2008
Average rent for Chicago Class A apartments reached $3,100/month for the first time
There’s no end in sight for rents to continue to grow in Chicago
Why? Chicago averages around 4k new units every year, but development is slowing drastically to 500-1000 units
Supply and…
I want to build a house
Not building it as a personal home, maybe sell it, maybe rent it, who knows
All I know is, I want to learn the process and I want to TRY and build a very affordable starter home in the Chicago suburbs
Here’s what I’m thinking, poke holes in it:
- I…
Why are we allowing ourselves to be poisoned?
When you go to Mexico, something you may notice is that cereal boxes are different, less ingredients, less sugar and in 2021, the Mexican government banned cartoon characters from the front of any food packages with warning labels…
Heart of Austin, 1BR, newer construction with in-unit washer & dryer
$1,095/month (left pic)
Suburb of Chicago, about an hour Southwest, basically cornfields - 1BR, 1970’s built, no in-unit laundry
$1,395/month (right pic)
Want to decrease rents? Build more. Austin is your…
Can personally vouch for @Stealx referring good vendors. Was huge help on a parapet wall/masonry/roofing project I had been trying to get done for about a year. Referred me to someone who handled all of it at a reasonable price. Followed up when needed, too. A gem.
Can personally vouch for @Stealx referring good vendors. Was huge help on a parapet wall/masonry/roofing project I had been trying to get done for about a year. Referred me to someone who handled all of it at a reasonable price. Followed up when needed, too. A gem.
Gotta give @JBPritzker credit, Illinois has had multiple credit upgrades
Illinois bonds now have an ‘A3’ credit rating, moving up from Baa1 (Moody’s)
The balanced budget and extra pensions payments have helped boost the credit rating
Need to double down while we have this…
Another reason why the closure of Foxtrot really sucks:
Foxtrot was a big buyer of local, small business items to stock their stores
Many small businesses lost their biggest accounts today
As my son turns one, some random thoughts as a parent:
- My parents immigrated here from Iran over 40 years ago, I feel a duty to advance the family name. They sacrificed so much, barely speaking English, working multiple, random jobs and they poured everything into my sister…
Chicago is the only city in the US where all 7 Class I railroads converge
Union Pacific, BNSF, CSX, Norfolk Southern, Kansas City Southern, Canadian National, and Canadian Pacific
Diversity of industry, freshwater, no natural disaster risk, hub of Big 10 grad talent… long…
Who is going to be in NYC for @realEstateTrent & @BobKnakal Gala next week and wants to go around town and eat a disgusting amount of food?
Multiple pizza spots, steaks, burgers, bagels, Italian…
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RE o/o.
Former GC.
Finding hidden value for clients 🚀
History, art, space...etc.
Newsletter + more 👇
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Architect, Designer, Consultant.
RE o/o.
Former GC.
Finding hidden value for clients 🚀
History, art, space...etc.
Newsletter + more 👇
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