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Updated over 4 years ago on . Most recent reply

User Stats

32
Posts
14
Votes
Kelly Reynolds
  • New to Real Estate
  • California
14
Votes |
32
Posts

Turnkey Investments in Illinois

Kelly Reynolds
  • New to Real Estate
  • California
Posted

Hi! I am new to BP, and my husband and I are looking into out of state investing because we live in California and the cost to purchase is just too high here!  We have two small boys with another one on the way in March 2021, so I am thinking Turnkey is the best option for us right now due to lack of time.  I have been looking at TK properties offered by Norada and the numbers for properties in Illinois look pretty great.  Has anyone else purchased a turnkey from Norada in the Illinois market?  Do the numbers work out pretty close to what they advertise?  Looking for any input related to Norada TK investing as well as the Illinois market in general.  Thanks!

Most Popular Reply

User Stats

854
Posts
506
Votes
Soh Tanaka
  • Property Manager
  • Lindenhurst, IL
506
Votes |
854
Posts
Soh Tanaka
  • Property Manager
  • Lindenhurst, IL
Replied

One more thing. 

There is a proposed residential tenant-landlord ordinance in Cook County, which would put more restrictions on the way you conduct your rental business.

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