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    Posted: 01/October/2014 at 2:36pm
This particular apt. available is troubling as it's a basement and appears to have all glass block windows!! God forbid there is a fire.
apt for rent by 3 days at a time
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Post Options Post Options   Thanks (0) Thanks(0)   Quote piehead Quote  Post ReplyReply Direct Link To This Post Posted: 30/September/2014 at 7:24pm
Jujube, check out the website air bnb forest park. People can stay for a night or longer, just like a rooming house. Possibility for different 'guest/s' every week. I know I would not want that set up next to my home.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote jujube50 Quote  Post ReplyReply Direct Link To This Post Posted: 30/September/2014 at 12:55pm
I know this an older post, but Pie, why would this mean a different neighbor EVERY NIGHT?? Renting rooms generally involves a contract or something similar...
Gall town smarm
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Post Options Post Options   Thanks (0) Thanks(0)   Quote piehead Quote  Post ReplyReply Direct Link To This Post Posted: 18/September/2014 at 9:56pm
Research as it is new territory.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote jerry Quote  Post ReplyReply Direct Link To This Post Posted: 18/September/2014 at 9:07pm
That's unual, he mostly reponses with in a day or two.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote jerry Quote  Post ReplyReply Direct Link To This Post Posted: 18/September/2014 at 9:06pm
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Post Options Post Options   Thanks (0) Thanks(0)   Quote piehead Quote  Post ReplyReply Direct Link To This Post Posted: 18/September/2014 at 8:11pm
Just that he was working on it, so no!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote jerry Quote  Post ReplyReply Direct Link To This Post Posted: 18/September/2014 at 6:12pm
Pie, did you ever get an answer from Glinke?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote watcher Quote  Post ReplyReply Direct Link To This Post Posted: 08/August/2014 at 9:45pm
Originally posted by logic logic wrote:

The mailing we got was from HomeVesters, all cash, no hassles, with a boxed reminder to KEEP THIS LETTER WITH YOUR IMPORTANT PAPERS. Gee, hope I never need it.


Homevesters is a franchise. Shred the letter, then burn the shreds.
Well that's probably not fair. Some of the franchisees are trying to make their dreams come true, honestly, but anytime somebody wades into a financially complicated situation promising to solve everybody's problems, bad things tend to follow.

At minimum, HV buyers will not be paying fair market value. I'd want an ironclad, bulletproof contract with multiple safeguards against being caught holding the bag. It's a textbook predator/prey relationship.

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Post Options Post Options   Thanks (0) Thanks(0)   Quote logic Quote  Post ReplyReply Direct Link To This Post Posted: 08/August/2014 at 5:36pm
The mailing we got was from HomeVesters, all cash, no hassles, with a boxed reminder to KEEP THIS LETTER WITH YOUR IMPORTANT PAPERS. Gee, hope I never need it.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote watcher Quote  Post ReplyReply Direct Link To This Post Posted: 07/August/2014 at 8:55pm
Originally posted by piehead piehead wrote:

That explains why the castle house is still not done. Don't they own over 50 properties in FP? What 's the name of the company again? Website?


Invitation Homes

I don't know how many properties they own in FP. I doubt that it's 50, but who knows? There are no FP listings on the site at this time. That could mean that the properties they own in town that are complete are fully leased. It could also mean that not all their homes are listed on the website (aforementioned operational issues).
"It is a wreave belief that we already are in Hell."- Tuluk in Frank Herbert's "Whipping Star"
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Post Options Post Options   Thanks (0) Thanks(0)   Quote piehead Quote  Post ReplyReply Direct Link To This Post Posted: 07/August/2014 at 8:07pm
That explains why the castle house is still not done. Don't they own over 50 properties in FP? What 's the name of the company again? Website?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote watcher Quote  Post ReplyReply Direct Link To This Post Posted: 07/August/2014 at 7:39pm
Originally posted by logic logic wrote:

Got a mailing last week from the HomeBuyers people, the ones previously mentioned here (watcher or you, I think) when posting about the castle house sale. They're interested in buying more properties around here, "as is", they buy for little money, fix-up, rent, was surprised it's a franchise.


Didn't I read just last week how the Real Estate crisis is over in FoPa?

Invitation Homes is one of several operators wading through the wreckage of the housing bubble via LLCs. Backed initially by private equity they've gobbled up distressed, bank-owned foreclosures and estate properties in areas around major cities. It's a model that's been used by infomercial wealth creation pushers for a long time, but now it's gone "big business". Where the infomercial spiel encouraged mom and pop investors to buy SFHs as rental properties to generate cash flow, the new LLC model is to view SFHs much the same as apartment buildings. Chain enough of them together and you get all the cash-flow benefits without the restrictions, headaches and regulations that apply to large apartment building management.

Now that they've built an inventory of properties, these LLCs are seeking multi-billion dollar credit lines to expand their holdings.
The big banks are buying in. Hey! What could go wrong?

They've bought a lot of houses. More than they can realistically transform into the upscale rentals they had planned with the capital and workforce they have. They've had management problems and internal issues that have slowed the turn-around process. Not just here. Nationwide, the complaints are mounting that these companies aren't getting the work done. A lot of sub-contractors have stopped working for them claiming slow or no pay. Schedules have crashed. Yippee!



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Post Options Post Options   Thanks (0) Thanks(0)   Quote piehead Quote  Post ReplyReply Direct Link To This Post Posted: 07/August/2014 at 4:36pm
I would think that even if the village can't/won't do anything, I would think a condo board might be upset. All buyers/renters usually go through an approval process. This whole thing goes around it!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote piehead Quote  Post ReplyReply Direct Link To This Post Posted: 07/August/2014 at 3:50pm
I think those folks have bought up a bunch of FP properties already. They still haven't finished the castle house yet.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote logic Quote  Post ReplyReply Direct Link To This Post Posted: 07/August/2014 at 2:50pm
Originally posted by piehead piehead wrote:


Have you mentioned to Mr. Glinke? Or the Housing Police?
No, pie, I haven't. Got a mailing last week from the HomeBuyers people, the ones previously mentioned here (watcher or you, I think) when posting about the castle house sale. They're interested in buying more properties around here, "as is", they buy for little money, fix-up, rent, was surprised it's a franchise.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote piehead Quote  Post ReplyReply Direct Link To This Post Posted: 07/August/2014 at 2:15pm
And Logic, that is why I bring it up. If we turn into a village of SRO locations, it is not good at all.

Personally, I would go insane if people were outside at 3AM.

We shouldn't have to fear who/what is next to us because it changes on a regular basis (transient!!!). Sorry to hear this.

Have you mentioned to Mr. Glinke? Or the Housing Police?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote logic Quote  Post ReplyReply Direct Link To This Post Posted: 07/August/2014 at 12:35pm
The house next door to us is a rental. The owners moved about 3 yrs ago, they were unable to sell, asking too much money, already underwater. Lost their tenant of 2 yrs, still unable to sell this time around.
I'm not sure who's living there, they've been there for about 3 wks. We were told 5 people would be living there but I think it's some kind of teenage halfway house. There are so many people coming in/out, some faces the same, new ones everyday, have no idea how many actually live there, who may be family, who's visiting, etc. Babies to seniors, with numerous teenaged boys & girls, people on the porch until 3A, cars coming/going. A houseful of boys and the old man out cutting the weeds? The older people seem nice enough, haven't had any problems, don't feel particularly fearful but find I'm locking up the house, garage more often, watchful, more mindful of who's around, especially when I get home from work after midnight. It's certainly changed things around here.

Edited by logic - 07/August/2014 at 12:36pm
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Post Options Post Options   Thanks (0) Thanks(0)   Quote piehead Quote  Post ReplyReply Direct Link To This Post Posted: 07/August/2014 at 10:08am
Just saw a listing for someone renting out an entire condo on airbnb (3 days minimum). It's in the building on Madison that is west of the hardware store. https://www.airbnb.com/rooms/1635889?s=xKdy
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Post Options Post Options   Thanks (0) Thanks(0)   Quote jerry Quote  Post ReplyReply Direct Link To This Post Posted: 06/August/2014 at 10:47pm
Michelle W., one problem with 5 bedrooms in the basement is this, how many ways out are there, the law says twe I believe. If for no other reason they should be inspected to make sure there are.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote piehead Quote  Post ReplyReply Direct Link To This Post Posted: 05/August/2014 at 11:59am
One of the properties is on the 600 block of Thomas; another somewhere on Lathrop. I'd be curious if people even know that they are living with a rooming house on their blocks.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote watcher Quote  Post ReplyReply Direct Link To This Post Posted: 05/August/2014 at 10:15am
Originally posted by Michelle W. Michelle W. wrote:

Unless you have visited the residence you don't actually know whether the house is cozy or not, and our town's proximity to the big city makes it appealing for travelers. I remain unconvinced by both your arguments that some action should be taken. I'm not opposed to renters or travelers co-existing alongside me in Forest Park. This isn't a priority as far as I'm concerned. 


What would make it a priority? My priority isn't action, it's awareness.
The neighbors of this/these properties don't seem to mind. At least, to date, there hasn't been any uproar over it. Then again, our crime-free housing initiative hasn't been talked about much either. I guess that's just how things go...
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Post Options Post Options   Thanks (0) Thanks(0)   Quote piehead Quote  Post ReplyReply Direct Link To This Post Posted: 05/August/2014 at 10:11am
And that is your prerogative, Michelle. But cramming 5 rooms in a basement without knowing if they are safe or not.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Michelle W. Quote  Post ReplyReply Direct Link To This Post Posted: 05/August/2014 at 9:45am
Unless you have visited the residence you don't actually know whether the house is cozy or not, and our town's proximity to the big city makes it appealing for travelers. I remain unconvinced by both your arguments that some action should be taken. I'm not opposed to renters or travelers co-existing alongside me in Forest Park. This isn't a priority as far as I'm concerned. 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote piehead Quote  Post ReplyReply Direct Link To This Post Posted: 04/August/2014 at 7:57pm
Airbnb puts it back on the rental owner for anything and everything.

Reading some of her reviews it appears people are taking up residence for longer than a visit. And 5 rooms in a basement sounds more like a Law & Order episode within a flop house.

Remember the fire years back where they found out someone was renting out floor space and people died? Well, w/o the village requiring a business license and proper safety for residents, there is another accident waiting to happen.

I wouldn't want the home next to me changing monthly with folks in and out. This isn't a cozy b&b set up. What's the limit? Every house that can't sell turned into a rooming house? You do realize that isn't much different than an SRO hotel.

Edited by piehead - 04/August/2014 at 8:00pm
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Post Options Post Options   Thanks (0) Thanks(0)   Quote watcher Quote  Post ReplyReply Direct Link To This Post Posted: 04/August/2014 at 2:33pm
Originally posted by Michelle W. Michelle W. wrote:

You want every municipality to create laws for people using airbnb? That seems excessive for what is essentially people renting out rooms for a short trip vs. a chain of hotels. Whether their homeowners insurance covers this is on them. It's their exposure. Maybe airbnb provides some kind of coverage for homeowners who opt to participate. Agree to disagree with you on this. 


I don't want laws for people who USE airbnb, but there are certainly concerns about operators ignoring local laws regarding businesses.

"You understand and agree that you are solely responsible for compliance with any and all laws, rules, regulations, and Tax obligations that may apply to your use of the Site, Application, Services and Collective Content. In connection with your use of the Site, Application, Services and Collective Content, you may not and you agree that you will not:

    violate any local, state, provincial, national, or other law or regulation, or any order of a court, including, without limitation, zoning restrictions and Tax regulations;"

Airbnb recommends that Hosts obtain appropriate insurance for their Accommodations. Please review any insurance policy that you may have for your Accommodation carefully, and in particular please make sure that you are familiar with and understand any exclusions to, and any deductibles that may apply for, such insurance policy, including, but not limited to, whether or not your insurance policy will cover the actions or inactions of Guests (and the individuals the Guest invites to the Accommodation, if applicable) while at your Accommodation.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Michelle W. Quote  Post ReplyReply Direct Link To This Post Posted: 04/August/2014 at 11:44am
You want every municipality to create laws for people using airbnb? That seems excessive for what is essentially people renting out rooms for a short trip vs. a chain of hotels. Whether their homeowners insurance covers this is on them. It's their exposure. Maybe airbnb provides some kind of coverage for homeowners who opt to participate. Agree to disagree with you on this. 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote watcher Quote  Post ReplyReply Direct Link To This Post Posted: 04/August/2014 at 11:35am
Originally posted by Michelle W. Michelle W. wrote:

Speaking as the MOST un-libertarian person imaginable, putting the kibosh on airbnb is an example of total over-regulation. I don't see the problem with it. Long standing history of this kind of thing. It's like the home B&B's you find all around England, which are awesome and homey compared to a hotel setting. This has nothing to do with the transient nature of the FP population either. 


Actually, by the reviews of this enterprise, a transient rather than tourist clientele is an important part of the business plan. The owner is running a hospitality business that should follow the rules for such businesses. The village should be aware of such places operating in its jurisdiction. That doesn't automatically trigger regulation, let alone any over-regulation. It's possible that the business already operates above board regarding licensing and payment of taxes. If so, it will continue to operate. If not, it should want to comply for insurance purposes, if for no other reason, like being a good neighbor and business person.

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Post Options Post Options   Thanks (0) Thanks(0)   Quote Michelle W. Quote  Post ReplyReply Direct Link To This Post Posted: 04/August/2014 at 10:23am
Speaking as the MOST un-libertarian person imaginable, putting the kibosh on airbnb is an example of total over-regulation. I don't see the problem with it. Long standing history of this kind of thing. It's like the home B&B's you find all around England, which are awesome and homey compared to a hotel setting. This has nothing to do with the transient nature of the FP population either. 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote piehead Quote  Post ReplyReply Direct Link To This Post Posted: 30/July/2014 at 2:19pm
This review is one of the reasons I raise the questions I do: "This classic Chicago Brick two-story is a nice building. There are multiple guest rooms, two kitchens and several bathrooms, so while there are many roomers it does not feel crowded or contentious."

MANY ROOMERS!!!!

Another reviewer: "she puts people in small rooms down basement (there are 5 rooms down basement)." " I saw a lot of people moving in but moving out just a month later because they had enough of the housing situation."

Too many red flags in my humble opinion. People moving in moving out. Our village is transient enough with all the regular rental properties out there.

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Edited by piehead - 30/July/2014 at 2:28pm
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