In The News
Featured In:
Should You Renovate or Relocate? Here’s What You Need To Know
“You won’t have to ‘deal with daily construction noises, with dust and mess literally everywhere, or find reliable and skilled contractors,’ says Jennie Berger, owner and design consultant of Property People in Chicago.
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Featured In:
Gray Vinyl Flooring Is the Trend People Love To Hate—Here’s How To Make It More Bearable
“Rehabbers and flippers got what I would call ‘gray happy’ over the last five to seven years, often using gray floors, gray paint, and gray cabinets across all of their projects because it was a ‘safe’ choice,” says Jennie Berger, owner and design consultant of Property People in Chicago. “And I think over time, people just got tired of seeing it everywhere.”
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Featured In:
Tarek El Moussa and Christina Hall Are Getting Back Together—and We Get To Watch It Unfold
Based on the bottom line, Jennie Berger, founder of Property People, is also backing the El Moussas.
“Tarek has always been more budget conscious than Christina,” Berger explains. “When it comes to rehabbing homes, while it’s tempting to go all-out on design and finishes, investors who are financially savvy understand that’s just not a smart way of doing business.”
When building or rehabbing on spec, these types of upgraded custom touches usually mean more to the investor/rehabber than the end-buyer, Berger points out.
“And every upgraded fixture or element costs money—as trivial as those few extra dollars may seem—which adds up and can ultimately push you over budget,” she adds. “Since the show’s premise awards the team who has the ‘biggest financial gain,’ my vote is definitely on Tarek and Heather.”
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10 of the Most Expensive Home Repairs You Should Start Saving for Now
“Roofs are expensive. Prices vary according to the house, but homeowners can spend between $10,000 and $15,000 for a new one,” said Gregory Kyler, the co-owner of Property People in Chicago, who has more than 20 years of experience as a custom builder and licensed general contractor. “While some last 30 years, others may only be around for about 15. Unless you know the exact age of the roof when you first moved in, I recommend putting aside money specifically for a new roof. As roofs get older and more brittle, they blow off and leave space for water to access the house. And that’s a whole other road you do not want to go down.”
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.Featured In:
Lumber Is Really Expensive Right Now—Here Are 5 Ways To Save on Your DIY Project
“Before you start your project, come up with a detailed plan. Jennie Berger, residential redeveloper and co-owner of Property People LLC, suggests drafting a scope of work (SOW). While this might not be the way you typically go about home DIYs, sticking to a solid, detailed SOW will help prepare you for the cost of the project.”
“Barn wood or using wood from old buildings that is no longer needed is another sustainable and budget-friendly option. Gregory Kyler, licensed general contractor and co-owner of Property People LLC, suggests calling a local demolition company. Ask them if they’re tearing down a house, and maybe they can sell you the materials off of it,” says Kyler. He says most lumber is engineered these days, so what you’re getting is a recycled material in itself.“
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See How This Michigan Mansion’s Value Went From $1.25M to $2.5M After an Impressive Renovation
“This living room is huge, which is great. But that can also lead to random pieces of furniture being scattered all over the place, which, in turn, can make the room feel smaller than it is,” says Jennie Berger, licensed contractor, experienced house flipper, and co-founder of Property People in Chicago. “Creating two distinct zones with their own setup, lighting, and area rugs—a formal sitting and dining area—maximizes the space and gives each section a specific purpose.”
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.Featured In:
5 Exterior Home Design Trends That Are Being Phased Out
“Single exterior paint colors are being replaced with eye-catching combinations of multiple shades. “We’ve noticed [that while many existing] homeowners don’t take much risk with exterior design, new buyers absolutely adore the juxtaposition of colors,” Jennie Berger and Gregory Kyler — residential developers, general contractors, and co-owners of Property People — tell Hunker. “Developers and designers are using a combination of dark and light colors to give [houses] more dimension and pop.”
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.Featured In:
Residential Construction Industry Outlook After the Biggest Rise in Spending in Over a Decade
“Berger agrees. She believes that labor shortages, “…resulted in contractors being able to charge more money for their services. Many also included escalation clauses and higher-than-normal project markups in their estimates just to protect themselves in case material prices continued to rise.”
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.Featured In:
Building a House: Where You Should and Shouldn’t Cut Costs
“Hardware, plumbing and electrical fixtures and tile can look chic and designer-caliber without breaking the bank,” said Jennie Berger of Property People. The not-so-high-end-price-wise (yet almost identical) varieties of fixtures and finishes are readily available at a wide variety of locations –both brick-and-mortar and online.”
Featured In:
Budget-Friendly Pool Deck Ideas for Your Backyard
“The cost of lumber is likely to remain high, so consider alternate, lower-cost materials for your pool deck. Gregory Kyler, licensed general contractor and cofounder of Property People, LLC, suggests using treated wood. Treated lumber is the most common material and more cost-effective versus composite or cedar deck boards, which last longer,” he says.”
Featured In:
What the Flip? We Dig This Vintage 1960s Home That Rose $400K in Value
“Removing old paneling, adding a coat of fresh paint, and installing new floors and lighting really help create a singular purpose for this room,” says Berger. “Instead of being two small areas in one space, it is now one designated dining area.”
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“Find Your ‘Why’. Before you get into flipping homes, you have to have a really good reason for wanting to do it. Many people are drawn to real estate because they can make a lot of money. True. But why? Why do you want to make a lot of money, specifically flipping houses? The deeper and more meaningful your why, the more successful you will be.”
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.Featured In:
New to Flipping Homes? 12 Rules Seasoned Investors Live By
“In the beginning when you’re starting out, you’re going to be actively involved in the day-to-day operations, and going back and forth between your home and the site multiple times a day, at least,” says Jennie Berger, co-owner of Property People, which rehabs distressed houses in Chicago for resale. “The last thing you want is to be running around town — or on the highway for miles and miles and hours each day — to get to your jobsite. Having a project close to home (say, within a 30-minute drive or so) will make your life a whole lot easier.”
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.Featured In:
17 Home Renovations That Add Value To Your House
“In Chicago, the streets are narrow and some places densely populated with rentals, so if you have a single family home without a garage, then you don’t have a place to park,” say Berger and Kyler. “Adding a garage would definitely add to your resale value.”
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.Featured In:
Why Are Remodeling Costs Rising?
“2020 . . . What a year! We are residential redevelopers in Chicago and have definitely experienced the effects of skyrocketing prices in all of our remodeling and new construction projects. As a result, one of our current gut rehabs—a single family house on the northwest side of Chicago—originally priced out at $195,000 in July 2020. In December 2020, as we were ramping up to begin the project, revised quotes came back at (mic drop) $275,000!”
Featured In:
Lumber Prices Are Falling—Here’s How You Can Save Money On Your Next DIY Project
“Not every project is a DIY—so if you’re looking to do major upgrades or are in the middle of one with a contractor, you might want to see if you can re-negotiate the cost of materials. Gregory Kyler, a Chicago-based licensed general contractor, says that he and his team re-priced construction on a new home that ended up being 15% less than it was a month ago.”
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