Chicagoland Market Questions- First Time Multi-Family Investors

[Bill Fleener]

We are just finalizing our company LLC and are starting the process of hopefully purchasing many multi-family properties in the next few years..... We have some questions that we were hoping someone that is familiar with Chicagoland could answer:

- We are looking for "value add" B and C properties in the western burbs (ie. Downers Grove, etc.) but they are hard to come by because the market is tight .... Any suggestions other than the MLS to find those deals? Direct mail to owners maybe? Please advise.

- I have been told that the best investment opportunities are in the city of Chicago, but we don't know it well and were worried about things that could come up that we don't know about..... any thoughts vs the west suburbs?

- Could you recommend the best multi-family real estate broker that we could use as a buyers broker or that would have access to inside deals? We need to start a looking at many deals to find good ones as you know. 

- We would love to connect with other area investors to learn more about the business, so please let me know if you are open to talking some time. 

Thanks for your time and help!

Bill Fleener