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Updated about 7 years ago on . Most recent reply

Samuel Webb's profile image
Samuel Webb's profile image
Samuel Webb
  • from Mark, Illinois
  • Member since Jan 17, 2018
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Samuel Webb's profile image
Samuel Webb's profile image
Samuel Webb
  • from Mark, Illinois
  • Member since Jan 17, 2018
Connect
Samuel Webb
  • Mark, IL
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Starting Out

First deal in Rural Illinois

Samuel Webb
  • Mark, IL
Posted

Hey BP!  I am looking to purchase my first rental property. I am really excited about the opportunities, but I live in pretty rural  Illinois. So this is great because I can get a smaller home for 40k, but there is likely to be very low or no real appreciation in my area.

Should I still start investing? I can purchase a home for 40k and rent it out for $650.

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