Dev and Quality discussed the functionality of a gimbal device. Dev demonstrated its use, highlighting the benefits of using the app for features like zoom and focus. However, they noted that the app doesn't work with all camera apps, specifically mentioning Zoom. Dev also mentioned that the network strength might not be sufficient for optimal video quality.

In the meeting, Quality and Dev's discussed the importance of focusing on panning and maintaining a consistent viewpoint while recording. Dev's expressed interest in trying to record in the morning to gain more flexibility in the evening. Quality emphasized the benefits of getting blood flowing properly in the morning for better thinking and suggested that Dev's could use the extra time for reading or practicing the guitar. They also discussed the challenges of waking up early and the need to be aware of recording while walking. Quality offered to introduce Dev's at the beginning of the recording next time and suggested that Dev's could start with a little talk before starting the rest of the recording.

Chicago Quality Investors Meetup Update

The meeting was hosted by Jonathan Clem, the host of the Chicago Quality Investors Real Estate Meetup Group and a founder of Quality Builders. The group is a local Chicago general contractor focused on streamlining the process of general contracting. They aim to innovate and revise their internal processes after every project. The meeting featured a walkthrough of a complex project in Wicker Park, which was shared to learn from and potentially benefit others. The group also expressed gratitude for the attendees' dedication and commitment to improving their work. A significant part of the meeting was dedicated to discussing the group's involvement with the Boys and Girls Club of True Value, particularly the Youth of the Year program, which one of the attendees, Michael, had won. The group encouraged a small donation to the program.

Quality discussed a current 4-unit building project, where the goal is to expand all four units by digging down to duplex the front two units and dormer up the top two units. The project will double the square footage, adding significant value and equity. The project will use a Fannie Mae HomeStyle loan, a common type of renovation loan for 2 to 4 unit properties. Quality also mentioned setting up a portal for each client to streamline and automate the process, including daily reports with pictures of the progress. The proposed floor plan was discussed, showing the existing and proposed layouts, including the addition of internal stairwells and the creation of three-bedroom units with en-suite bathrooms.

Historic Landmark Building Project Update

Quality and Dev discussed the current status of a project involving a historic landmark building. Dev was at the main entrance of the building, and they walked through the first floor, which is currently a living room. They noted that the site is in a holding pattern due to the need for final zoning and permit approvals. They also discussed the need for structural details for a dig down project. Quality mentioned that they are currently in a preliminary demo phase and that the property is in a historic area. They also mentioned that they are working on getting the site ready for the project.

Basement Project Challenges and Timeline

Quality shared updates on the basement project, highlighting the challenges of the low ceiling and the need to cut a hole in the back of the property. The timeline is uncertain due to permit approval issues, but it's expected to be in the 7 to 9 month range. Quality also mentioned plans to raise the floor to accommodate windows for light and to do additional framing. Dev confirmed that the walls are currently demoed and the furnaces are left on to prevent freezing pipes. The rental budget and exact dig out depth are still unknown.

The meeting discusses the details of a construction project involving a multi-unit residential building. The building will have three floors with dormers added to the roof to create additional living space. The stairwell will be located on the right side of the building, providing access to all three floors. The third floor will have two bedrooms, one bathroom, and separate areas for the furnace and laundry. Each unit will have its own stairwell. The team is trying to preserve as many existing windows as possible to save costs. The elevations show the proposed changes to the exterior, including the dormers and a deck on the top level.

Quality discussed the ongoing project, which involves raising the floor on the first floor and digging down. The team will need to cut a hole in the garage to run material through and will also need to make deck repairs. Quality mentioned that they are currently in the initial non-structural demo phase, with all existing walls still in place. They have removed all the plaster and now have a clean surface for their team to review the plan moving forward. Quality also mentioned that they are working with an experienced team for the dig down and are finalizing the plans. They did not share the address of the property for privacy reasons.

The discussion revolved around the process of obtaining permits in the city, particularly in Chicago. It was clarified that the difficulty of the process depends on the nature of the project, with simpler renovations not requiring permits. However, for more complex projects involving electricians, plumbers, or HVAC work, permits are necessary. The city has introduced an express permit process, which allows more work to be done without needing an architect. The importance of having a self-certified architect was emphasized, as they have undergone a three-day class to understand the city's permitting and zoning process. The process for landmark properties was also discussed, involving submission to the landmark group for approval to ensure the historic value of the property is maintained. The speaker encouraged attendees to follow their company on social media for updates and lessons learned, and offered free consultations for potential projects.