Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

281
Posts
108
Votes
Atul Mohlajee
  • Oak Park, IL
108
Votes |
281
Posts

Bought a 2-Flat in Forest Park yesterday

Atul Mohlajee
  • Oak Park, IL
Posted

Just bought another 2 Flat in Forest Park yesterday.  Paid $180000, and will cost additional $15000 in remodel/repairs.  Expected rents total $3000 per month.  It is within 2 miles of my primary residence and thus meets my wife's criteria for any rentals that I buy.  I have 4 mortgages and 9 properties.  Now looking for 5th mortgage and another property but it is getting harder to find good deals.  I use leverage but not excessively.  I am increasing leverage little more now to expand to $10000 monthly cash flow.  Any suggestions on upcoming areas that are great buy and hold buys?  Thanks.

Loading replies...