Buying Rental Propertiues in Chicago Area

Buying Rental Propertiues in Chicago Area

Chicago, IL · Member since 2015 · 8 posts · 0 votes

Hello all!  i am just starting out in this area and would love some recommendations on areas in Chicago that have good long term equity gains and good rental income.

Thanks!

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  • Investor · Chicago, IL · Member since 2013 · 451 posts · 96 votes
    11y

    Welcome to BP. There are those possibilities all over. I would suggest you work in an area you are familiar with already, and if you want to branch out share those particular areas (blocks) with someone for their input. Feel free to question me when it comes to the South Side.

    Good Luck

  • Joliet, IL · Member since 2015 · 88 posts · 7 votes
    11y

    Welcome to BP @William Ferrell!  Like @Timothy Riley said, start by getting a good knowledge of the area you're already in and then expand from there.  There are tons of people on BP with a wealth of knowledge, so once you have a specific location in mind, ask to see who is familiar with it.

  • Chicago, IL · Member since 2015 · 8 posts · 0 votes
    11y

    Thanks@Timothy Riley and @Andrewvan!  i am looking ion the Humboldt Park area.  Single and multi-family homes, possibly needing some renovations.  Any ideas?  

    @Timothy Riley - What do you think about Bronzeville?

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