THE TURN-KEY STRATEGY

Since 2012 West Realty Advisors has capitalized on owning rental property in the Chicago Market. In a city where over 40% of the population rents, it's easy to see why owning property here is an alluring investment. Until recently, investors did not have the opportunity to take advantage of this. Our turn-key strategy offers just that. Our investors receive cash-flow from day one, as all of our properties have been completely remodeled and updated with a 2 year tenant lease in place. All properties come with a one year guarantee on rent and maintenance.


HOW IT WORKS   

WEST REALTY ADVISORS ACQUIRES A PROPERTY

PROPERTY CHARACTERISTICS

  • Great neighborhoods
  • Great school districts
  • Easy access to public transportation

THE PROPERTY IS COMPLETELY REMODELED AND UPDATED

RENOVATION STANDARDS

  • All mechanicals updated
  • All new bathrooms/kitchens
    • New cabinets and granite counter tops
    • All new stainless steel appliances

TENANTS MOVE IN WITH A 2 YEAR LEASE IN PLACE

HIGH TENANT STANDARDS / SCREENING PROCESS

  • Employment
  • Salary
  • Credit / Criminal Report
  • Household Size
  • Evictions
  • Landlord Verification
  • Children Under 18 Report Cards
  • Home Visits

INVESTOR PURCHASES PROPERTY

THE LOAN PROCESS

  • Investor qualifies with Cross County Mortgage and approved
  • Appraisal takes place
  • We provide the most competitive insurance quotes

INVESTOR COLLECTS RENT FROM DAY 1 OF OWNERSHIP

COLLECTING RENT

  • Rent checks are sent out by the 25th of each month
  • Managed by local professional property manager

RECENT PROJECTS