Closed on my first rental property,

[Ryan Maes]

Just closed on my first rental property this past month. Thanks to BP and all contributors for giving me the tools and determination to start on this journey! Looking forward to contributing where I can!

[Ryan Maes]

Yes it’s already rented and will cash flow ~$250/month. It’s only a 1br/1ba condo [with parking] so nothing to be envious, but glad I could find a good deal without having to do any major renovations.

How I found it: I was passively looking at properties on Redfin/zillow/trulia for a couple months before I found this listing. I saw the property the day it was listed and put in an offer 10 minutes after viewing; it’s difficult to find properties like this in north-side Chicago market so naturally I couldn’t let this opportunity get away.