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Updated almost 5 years ago on . Most recent reply

Claire Rosenberg's profile image
Claire Rosenberg's profile image
Claire Rosenberg
  • Property Manager
  • from New York City
  • Member since Dec 14, 2017
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Claire Rosenberg's profile image
Claire Rosenberg's profile image
Claire Rosenberg
  • Property Manager
  • from New York City
  • Member since Dec 14, 2017
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Claire Rosenberg
  • Property Manager
  • New York City
28
Votes |
61
Posts
Buying & Selling Real Estate

Advice for investing in 30K properties

Claire Rosenberg
  • Property Manager
  • New York City
Posted

I am exploring different investment options and wanted to hear people's experience with investing in 30k properties. Hope everyone is staying safe and healthy during this time!

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Eric X.'s profile image
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Eric X.
  • Real Estate Agent
  • from Naperville, IL
  • Member since Jan 31, 2014
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Eric X.'s profile image
Eric X.'s profile image
Eric X.
  • Real Estate Agent
  • from Naperville, IL
  • Member since Jan 31, 2014
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Eric X.
  • Real Estate Agent
  • Naperville, IL
130
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196
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Eric X.
  • Real Estate Agent
  • Naperville, IL
Replied

@Claire Rosenberg

If you have to ask about 30k properties in Chicago, more than likely you aren't ready to deal with 30k property problems.  

30k would be C-/D properties.  High turnover, crime, property damage, etc etc.  There are a few players that make a great living in those areas, but majority would not.  Don't let the cost of the property blind you.

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