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Updated about 1 year ago on . Most recent reply

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Carolyn Bernicky
10
Votes |
21
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Is the Chicago Market a dead-end, is it a bust for home purchase?

Carolyn Bernicky
Posted

Really how bad is it in Chicago to invest now.  I see Texas, Colorado, Tennessee, Denver, even Indian but I dont see a lot about Chicago IL investor making investment.  Is the market that sewed up that investor don't bother. Is it too much red tap...Why is the trend in Chicago?  Am I looking in the wrong place for investors?

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Jonathan Klemm
  • Contractor
  • Chicago, IL
2,480
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Jonathan Klemm
  • Contractor
  • Chicago, IL
ModeratorReplied

Hey @Carolyn Bernicky - I still love Chicago to invest in right and probably now more than ever.  

My philosophy has and always will be Warren Buffet's "Be greedy when others are fearful, and fearful when others are greedy".

Chicago has tons of old inventory that needs to be rehabbed and price points at every level.

I'd be happy to connect to see how we might be able to help, review your strategy, or just talk about Chicago real estate.

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