Best areas for investors in Northwest suburbs Illinois

[Rada Chapkis]

Hi! I'm a new wholesaler in Chicago, IL and NW suburbs. I’m interested in getting to know more about what areas investors are interested in and how you run your numbers. Any tips for a newbie? 

[Mark Ainley]

@Rada Chapkis The investors we work with, that are interested in Northwest suburbs or Kane county, like that area because the village regulations are laxed or non existent.  Once you get north of Carpentersville in the Fox Valley there is few cities with rental license regulations.  I imagine for investors that are buying in areas like palatine and Hoffman, these parts of Kane County will now become more attractive with the Cook County RTLO rolling out June 1.  The new RTLO will effect as far west as Elgin and Barrington so some buyer habits will change.  If you are not aware of the new RTLO I will DM you a link to the page we built out on our website around all the must knows.