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12-05-2008, 11:39 AM
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Senior Member
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Join Date: Feb 2008
Location: Humboldt Park, Chicago
1,457 posts, read 1,259,891 times
Reputation: 335
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ajolotl
You are absolutely correct. I will certainly not be buying more buildings in an area like Humboldt Park anytime soon. 2 out of 3 tenants are good and pay within 1 week of the first of the month and are considerate neighbors. I did collect rent yesterday morning from my bad tenants but they still owe me money. I will most likely get rid of them after the holidays unless I see improvement and be very particular in who I move in next (this family was found thru a realtor, including background check, very disappointing).
My parents have rental homes and have never had to evict, though they have had people fall behind from time to time due to job loss, health bills, etc.
I will keep this place and have my basement tenants manage it in exchange from slight rent reduction once I move out (probably sometime late next year to early 2010). I will have them collect the rents for the other 2 renters when I move out as well, which they have agreed to do as well as small things like mow the yard and take out the garbage, which I do now.
I am not cut out to be anything close to a slumlord and will choose areas in the future where I can depend upon checks and not cash or money orders. My place in Itasca pays like clockwork due to a higher level of renter who actually has something to lose if they don't pay me and we go to court.
I am looking to buy 2-4 unit owner-occupied with similar type of renters, which I won't find in an area like Humboldt Park. I think Logan Square or better yet Bucktown will be able to provide me with better renters, perhaps not as good as Itasca, but better than what I have now in Humboldt Park.
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12-12-2008, 09:05 AM
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Junior Member
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Join Date: Dec 2008
Reputation: 10
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So is living at Colonial apartments a mistake, or is it okay for a working family?
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12-25-2008, 05:55 AM
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Junior Member
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Join Date: Nov 2008
7 posts, read 5,581 times
Reputation: 10
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Hello all,
I am not sure if I mentioned that on this monthly amount of income, well I do have a disability and I do have a severe case of Epilepsy which started out as grandmal's and developed into several other types that I am just now relizing as of now.. I have worked quiet abit in the past even having epilepsy, fell off the top of a bus working from seizure, gosh so so many things and so many seizures in basicly one week for so long that it cause me to develop partical amnesia and I am attempting to go to school again, but after a very hard struggle of just one semester, looks like I will have to take a semester off to gain back some of the health I had waited so long to get too.
I for the first time in my life am now living on my own and I am 43yr. so this is not exactly what I had pictured my life, but hey I had to take the plunge and be greatful for the shelter and fixing it up on the inside ,, makes you want to stay inside... LOL
No seriously, its just that $680 a month is someting I have no choice but to live with I as this very moment feel like my body is totally a weak mess of bones ,, so drained why doesnt take much these seiz. have been a major toll on my bones as well as my mind.
Been in the ER three times this month, so when moving out to another place I will look into getting me a Rescue dog,, for help. You know even my daughters, family all makes little comments of gov. housing and well least to say I dont even get family at all to visit me of course they have their own excuses (basicly the same ones) and they only live in the next city, but my daughters only live 10 to 15 min. away from me and most of the time I can not get out and drive out of my own judgment of being safe on the roads.
So please anyone whom downs assistance living try to remember they are (some) whom does not want it but are just greatful for the roof, and yes I have to pay my own rent, utilities with no assistance just a apartment with little help but did start out at $350 and that is alot for this small town and this size of apartment but like I said its a roof.
You know it does bother me when I do see some even here in these apartments and are not afarid to set there and tell you they are not going to do anything more than what they are doing and let the gov. pay their way because they feel the gov. owes them! (their own word) so those are the kind whom should get to work and let someone whom needs the roof have that one.
sincerly, Hope T
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12-25-2008, 08:30 AM
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Senior Member
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Join Date: Feb 2008
Location: DeKalb, IL heading to W Texas
148 posts, read 110,703 times
Reputation: 67
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I grew up in Oak Forest in the 70's. We were totally racially insulated that that time. My HS had one black student (if memory serves) while I attended from 76-80. He was quickly harrased out by other students. I had no real opinions on race, but it was the first time I understood this was an issue. I remember parents in the area fighting to keep Tinley Park from bussing students into our school district (there were black ppl there!).
Then along came some gov-subbed housing on 159th St. I don't think they called it section 8 back then. I watched a nice brick apartment building got torn apart, trash tossed out the windows, totally destroyed in a matter of 6 months. Many around me were quick to point out that with was a case of what race occupied the building. It was forunate for me that some time in the USAF taught me there was more to the story than simply race. I did learn how easy it was for people to jump to this conclusion as well.
Water, electricity, people on welfare, all seem to follow a simple rule of nature, take the least resistive path. Not much we can do about water and electricity, but people on welfare can be dealt with. If we keep handing out welfare without asking for anything in return, this section 8 problem (and welfare over-all) is exactly what we can expect. Generally speaking, people just don't repect things they didn't have to work for, to obtain.
That the risk of sounding like a conspiracy nut (which is not the case), and whether this is intentional or not, problems with drugs, lack of education, and racial unrest will only foster our problems. If we are stoned, ignorant and fighting between ourselves, we will be too distracted to fix anything. I don't want to believe our government would be behind such a plan, but sometimes it sure seems like it.
Thanks for tolerating my ramblings.
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02-18-2009, 04:18 PM
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Senior Member
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Join Date: Nov 2008
827 posts, read 422,064 times
Reputation: 121
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Question
here is a map of many of the old housing projects there were demolished and changed, as humboldt1 said the westhaven (henry horner) arent doing to well, how are the others?
Last edited by ChiMack; 02-18-2009 at 05:32 PM..
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02-18-2009, 05:29 PM
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Senior Member
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Join Date: Mar 2008
Location: Chicago
728 posts, read 437,694 times
Reputation: 124
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Thanks
So whats the question?
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02-18-2009, 06:23 PM
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Senior Member
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Join Date: May 2008
Location: Chicago
4,328 posts, read 2,287,694 times
Reputation: 1662
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"how are the others?"
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02-18-2009, 06:57 PM
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Senior Member
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Join Date: Mar 2008
Location: Chicago
728 posts, read 437,694 times
Reputation: 124
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Quote:
Originally Posted by Irishtom29
"how are the others?"
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Last edited by ChiMack; Today at 05:32 PM..
That wasnt there before
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