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Updated almost 8 years ago,
Hey from Chicago!!!
Hey everyone!
My name is Ben and I'm new to the Chicago area. I've recently gotten extremely excited about real estate investing, listened to a majority of the podcasts, read my way through a lot of forum posts and books and have attended a few REI events to help start developing my professional network!
My two main goals are to begin by flipping houses (for the capital) then move my way to the BRRRR / house hacking strategy for longer term investments / cash flow. The plan for the flips are single family dwellings and multiplexes for the BRRRR's.
I've saved up a tidy sum of cash and have great credit, so I don't see getting a loan to be a big issue, so the only question I have now is where in Chicago has the best upside potential? I keep discussing this vision of mine with realtors who immediately ask me which area's i'm most interested in. As I am new to the Chicago area, I was wondering if anyone had any recommendations / suggestions for good areas with upside potential (looking for a price range between $80k and $250k). Please let me know if you have any advice or recommendations!