You're gonna Evict a lot of Crappy Tenants if you Invest in Chicago

[James Wise]

Chicago is filled with a ton of bad tenants who live that Section 8 lifestyle. If you're going to buy rental properties in Chicago, you better be prepared to evict crappy tenants. Tune in to HoltonWiseTV to learn how avoid bad tenants so you can make a lot of money investing in Section 8 rental properties in Chicago, Illinois.

You're gonna Evict a lot of Crappy Tenants if you Invest in Chicago | HoltonWiseTV Highlights

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[Brie Schmidt]

@James Wise - I don't know, 13 years as a landlord in Chicago and only once had to file eviction.  It was during covid when they had the eviction memorandum and the tenant was out of work so he sent me the documents that he wasn't going to pay rent and apply for assistance.  His lease was about to expire so I delivered notice of non-renewal and he stayed past his lease so I was able to file eviction.  He ended up moving out before I actually got to serve him and was granted assistance to pay the back rent owed.  

I have worked with over 200+ investors as an agent over the last 10 years and I can think of two times my client's ever had to file eviction.  

It really irks me when people who don't know about Chicago post blanket statements about the city.  We have everything from neighborhoods with 50% vacancy and abandoned lots to neighborhoods where homes rent for over $15k a month.  No one thing applies to the entire city.