which location is good for cash flows in Chicago and near suburbs

[Nida Hussaini]

what should  I look into properties to consider it for possible investment, I understand no time is bad time to invest in real estate. However , could you please direct/guide me to how to approach this investment. say I've 50k and I want to generate cash flow out of that.. what and where should I invest to make smart use of that money..

what properties are considered good properties for cash flow?

[Ibn Abney]

@Nida Hussaini

In regards to cash flow in Chicago, the South and west sides of the city are the place to be in my opinion.

However, your question is very relative and broad. Depends on several factors including tenant class preference, risk tolerance, comfortability in urban areas, and your preferred return.

Regardless of location, using the Cash on cash return formula is a great way to compare properties. In addition, caprate, breakeven point in dollars/time, debt-coverage ratio, and IRR should sway your decision in choosing to invest in one asset or another.

Educate, Learn the areas, educate some more, network with successful folks in your field, THEN invest!! 

Best of luck!!