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WHO ARE WE?

Nik Homes, is a professional, full service real estate solutions company that buys and sells properties throughout Chicago Northshore and Northwest Suburbs. We specialize in buying distressed homes at a significant discount, and renovate and sell them to retail home buyers and landlords. Founded in 2015 by a husband and wife team Ivica and Mina Nikolic, Nik Homes is excited to be part of the area’s renaissance and we aspire to continue contributing to the economic rejuvenation of Chicago Land Area and its neighborhoods.

THE STORY OF NIK HOMES

After 6 years as a small business owner, Ivica Nikolic founder and CEO set his sights on real estate investing. He made it his mission and turned to his wife Mina, real estate agent to join him in this venture having the confidence that they could leverage their life partnership to bring success not only to their business but to all those they worked with. They thus aptly named the company NIK HOMES, short for Nikolic. Nik Homes goal is to find and sell 10 distressed properties annually to renovate and resell them to retail home buyers and landlords. In doing so, Ivica and Mina hope to help the Chicago land area community achieve success one home at the time. After all, when one succeeds all benefit.

OUR MISSION

When a passion for real estate is combined with talented individuals who have an uncompromising drive to succeed, amazing things will happen. At Nik Homes, it’s our goal to not only have a positive effect on ourselves and our families but also to inspire, motivate and create lasting change in everyone we encounter. We will treat our clients and team members with respect at all times. Our company will dedicate itself to everlasting education and professional growth that will make the leaders of tomorrow.

OUR BUSINESS MODEL

OVERALL INVESTMENT APPROACH

Our overall investment strategy and specialty is to purchase distressed properties at a deep discount – usually 30% to 50% below market value, and renovate and sell those properties to retail homebuyers and landlords.

At NIK HOMES, we pride ourselves on having a strong foundation of real estate knowledge and training. Our focus is on providing SOLUTIONS for homeowners and finding VALUE for our buyers and investors by locating ugly, vacant homes that are eye sores and we put them back into use after renovation.

INVESTMENT BUYING CRITERIA

Our goal is to purchase distressed homes in stable areas where there is still strong buying demand. Part of our grand vision is to improve the overall quality of living in both urban and suburban neighborhoods. In addition to improving overall quality of life, we are committed to increasing the value of real estate in our community. We are able to target distressed properties and breathe new life back into them with highly-skilled renovations and improvements. By doing so, we are able to create beautiful homes and encourage home ownership.

WHAT’S OUR COMPETITIVE ADVANTAGE?

Most homeowners have no idea what options are available to them beyond listing a house with a real estate agent or just trying to sell the house on their own, and hope for the best. We provide homeowners with a unique alternative to listing their house on their own or with a real estate agent. Our “out of the box” creative approach to real estate investing is a cut above the rest.

Our company can acquire great deals on properties because we have the ability to act quickly and can close with CASH on the seller’s timeline. This is why we can buy properties at such a discount, sometimes in a matter of days. We have a competitive advantage over other investors who sometimes take weeks to purchase properties, and can create extremely fast and hassle-free transactions.

HOW DO WE PURCHASE HOMES SO FAR BELOW MARKET VALUE?

At NIK HOMES, we have created a marketing machine that produces a consistent flow of high quality leads. We are very different from our competitors because we don’t just put in offers on MLS properties – we take it to the next level. Our creative marketing strategies allow us to reach the homeowner directly, before the property even goes to a real estate agent to be listed on the MLS; whereas, the purchase price would escalate.

HOW WE SELL PROPERTIES QUICKLY

There are many methods we use to sell properties very quickly. We invest a lot of time and money into marketing to build a strong list of buyer clients for our homes. Despite what the media says, there are tons of buyers out there who are aware of the fact that numerous buying opportunities exist in today’s real estate market. The problem is: they just don’t know how to identify and analyze them to ensure they are actually getting a good value. That’s where we come in. We are constantly on the hunt for the next great buying opportunity, and use proven techniques to analyze investment properties.  

WE FOLLOW A STRICT DUE DILIGENCE PROCESS

We have a systematic and disciplined approach when purchasing investment properties, putting each potential investment through a strict due diligence process. This rigorous set of criteria includes, but is not limited to, the following:

  • Comparable property analysis and examination by an certified, independent appraiser
  • An economic study of the neighborhood, city planning and development
  • Demographics of area, marketability, and growth potential
  • Statistics on the crime rate
  • Public transportation and schools
  • Overall condition of the property, including heating and air, plumbing, electrical, roof and structural condition

ADVANTAGES TO WORKING WITH US

  • We have the business systems and knowledge to purchase properties QUICKLY and with CASH
  • We create value by finding ugly, vacant homes and putting them back into use after renovation
  • We have a creative marketing system to find and purchase properties before they’re ever listed
  • We pay wholesale prices to all contractors and typically get bulk discounts on all materials
  • We find our own buyers quickly, allowing us to secure a strong sales price and save on sales commissions  

TYPES OF PROPERTIES WE TARGET

  • Distressed properties in significant need of repairs
  • Properties where sellers need to sell quickly
  • Properties owned free and clear

Meet The Team