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Updated about 8 years ago on . Most recent reply
Well water homes. Chicagoland
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
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 ...