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Updated about 4 years ago on . Most recent reply

Rajan Chidambaram Siva's profile image
Rajan Chidambaram Siva's profile image
Rajan Chidambaram Siva
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Rajan Chidambaram Siva
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Rajan Chidambaram Siva
1
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General Real Estate Investing

Looking to invest in 60628

Rajan Chidambaram Siva
Posted

I found an opportunity in the northwest region of 60628. The cash flow looks good, but not sure if the property would appreciate over time. Thoughts?

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Varun Patel's profile image
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Varun Patel
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  • from Boston, MA
  • Member since Nov 13, 2019
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Varun Patel
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  • from Boston, MA
  • Member since Nov 13, 2019
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Varun Patel
  • Investor
  • Boston, MA
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Varun Patel
  • Investor
  • Boston, MA
Replied

@Rajan Chidambaram Siva, I currently own 2 properties in that area. One is in Washington Heights and the other ins West Pullman. As @Tom Shallcross mentioned it is a tricky zip code and certain blocks have higher crime rate and older houses. One of them I own in Washington Heights is bit older and it does require much more maintenance and I have underwrote for higher capex and maintenance. Feel to send a DM to me and happy to discuss it in more detail! 

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