Just finishing up another building in Highland Park that I think might interest some of you. Unlike many of the apartment buildings we renovate, this one was built by someone who cared about the people who would live there. The ceilings are pretty high, the units have a ton of light, there is parking and
Thought you would appreciate seeing some pics of our latest project, 363 S. Leslie Way, a fourplex we just finished renovating in Highland Park. Now, obviously, doing fourplexes is not an efficient way for us to put out capital. But our partner was in a 1031 exchange, the clock was ticking, and we liked the deal.
Was talking over the weekend to a friend of mine about a deal he’s doing with a partner. His partner pulled a pretty impressive negotiating jui-jitsu move on a counter-party of theirs, one that neither my friend nor I would have even considered, let alone attempted.* My friend explained that his partner is not really
Today, I want to talk about windows. Still here? Good. Windows are a controversial part of the repositioning process. Replacing them is pretty expensive (on the order to $400-500 / window) and, while new windows open / close easily and look nice, no one ever rented an apartment because of the windows. Still, we intend
BL, a reader of this blog, sent me an interesting article yesterday about the interaction between Uber/Lyft use and car ownership. Regular readers know I regard ride sharing as a major force that will re-shape the nature of in-fill real estate development. If you’re just joining us: As the price of ride sharing falls (which