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Updated 7 months ago on . Most recent reply

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19
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Alex L.
  • Chicago, IL
8
Votes |
19
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Looking to build my first single family house

Alex L.
  • Chicago, IL
Posted

I have done small flips and rehabs over the years and mostly a buy n hold type of investor. I'm about to close on a lot in Chicago logan square shortly and thinking about tearing down the 2-flat for a new single family.

Can anyone who has done this help point me to the right direction? How should I even get started?

Most Popular Reply

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4,073
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2,480
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Jonathan Klemm
  • Contractor
  • Chicago, IL
2,480
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4,073
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Jonathan Klemm
  • Contractor
  • Chicago, IL
ModeratorReplied

Yo @Alex L. - What area of Logan Square is the lot in and how big is the lot?  

I've dabbled in the new construction space here in Chicago and there is A LOT that goes into it...I'd highly suggest spending some 1:1 time networking with some other investors like @Jennie Berger or @Prashanth Mahakali who are both Chicago developers

You make your money with the land purchase and then systems/processes/volume over time in the development game, but it's not easy and competition is high!

I am also happy to link up and share my experience in the new construction space.

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