Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago on . Most recent reply

User Stats

20
Posts
2
Votes
Vincent Parello
  • Residential Real Estate Broker
  • Hanover Park, IL
2
Votes |
20
Posts

Well water homes. Chicagoland

Vincent Parello
  • Residential Real Estate Broker
  • Hanover Park, IL
Posted

Hey everyone,

I wanted to hear everyone's opinion on buying rentals on well water. Pros and cons?

I am in the Chicago land area so hopefully, I can get some input from local investors.

Most Popular Reply

User Stats

4,612
Posts
2,993
Votes
David Dachtera
  • Rental Property Investor
  • Rockford, IL
2,993
Votes |
4,612
Posts
David Dachtera
  • Rental Property Investor
  • Rockford, IL
Replied

@Vincent Parello,

All homes have maintenance issues, even brick construction (as opposed to face brick). It might not be wise to pass up an otherwise "cherry" deal just because it's in a rural or unincorporated area and has well and/or septic.

Look at each deal as a whole, and let it stand or fall on its own financial merit rather than your personal prejudices or concerns. You'll find much greater profit and success that way.

My $0.02 ...

Loading replies...