Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 11 years ago,

User Stats

59
Posts
31
Votes
Raji Kaur
  • Dallas, TX
31
Votes |
59
Posts

Dilemma with location

Raji Kaur
  • Dallas, TX
Posted

Hey Guys - I'm sort of new to the Chicago area. I lived in Michigan for most of my life and was a realtor there for a few years and am very familiar with most of the neighborhoods in Metro Detroit. Now coming here, I'm just starting to get familiar. Last week, I checked out a few properties in Elgin and all were really old homes that all had either structural or foundation issues. For a newbie, I want to stay away from that. Next, Round Lake has some potentials in my budget. But I'm not familiar there either. Chicago itself has so many neighbhoods, but I hear some people who have success and some horror stories. I guess for my first rehab, I want to play it safe. But now I'm wondering if I shouldn't just look to invest in Michigan since I can renew my license there and have MLS access and know the areas. But with a rehab I want to be around while the project gets done. So I'm really confused - spend so much time trying to find a location here or go back to what I know and try it long distance in Michigan.

If anyone's been in a situation where they were new to an area and a newbie, how did you handle that? How do you find a neighborhood that works for you when you don't know the neighborhoods?

Loading replies...