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Updated over 6 years ago on . Most recent reply

User Stats

9
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0
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Zach Schnoebelen
  • West Des Moines, IA
0
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9
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New real estate investor looking in Chicagoland

Zach Schnoebelen
  • West Des Moines, IA
Posted
Hi I am a new real estate investor in West Des Moines, just bought my first buy and hold house. Going with the BRRRR strategy. Looking to relocate to Chicagoland area. Trying to house hack in a multi family fixer upper in a decent and safe neighborhood. No specific location is necessary. Trying to BRRRR but a normal buy and hold would work too. Any neighborhoods or any other advice for the Chicagoland would be extremely helpful. Thanks.

Most Popular Reply

User Stats

238
Posts
230
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Mitch Coluzzi
  • Investor
  • Des Moines, IA
230
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238
Posts
Mitch Coluzzi
  • Investor
  • Des Moines, IA
Replied
@Zach Schnoebelen - hey Zach, local to DSM now but spent most of my life in the Chicagoland. Northwest Indiana market is a solid place to check out, esp for what you're after. If you locate right you will be within your range for Chicago (depending on where your destination is). Check your property tax basis on all investments there... some counties are not investor friendly, owner occupied gets a massive break unlike Polk/Dallas in Iowa. I've got some references back that way including contractors and realtors if you need a connect. Lemme know! @Terry Mclain - thanks for mentioning me!

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