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Updated about 10 years ago on . Most recent reply

User Stats

8
Posts
1
Votes
Jake S.
  • Investor
  • Cleveland, OH
1
Votes |
8
Posts

First Time Investor Moving to Joliet IL

Jake S.
  • Investor
  • Cleveland, OH
Posted

I just found out that I will be moving to Joliet IL this August.  I am looking to purchase my first investment property within several months.  I plan on purchasing a 3 to 4 bedroom single family that I can live in, fix up, and sell after a year or two.  I was also hoping to rent 1 or 2 of the bedrooms while living there.

I would appreciate any advice on location (prefer within 20 minutes of Joliet) or other useful information that may help.

Most Popular Reply

User Stats

50
Posts
25
Votes
Rick H.
  • Investor
  • Joliet, IL
25
Votes |
50
Posts
Rick H.
  • Investor
  • Joliet, IL
Replied

Unlike most suburbs (which tend to be fairly uniform and homogeneous), Joliet is a real city.  Like Chicago, there are good and bad areas.   Thus it is very important to understand the different neighborhoods before you start investing.  Good luck!

  • Rick H.
  • Loading replies...