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Updated about 1 year ago on . Most recent reply

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David Tarango
3
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6
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New Member in Chicago, I am just starting out

David Tarango
Posted

Good morning, I am a new member here.

I am just starting out my Real Estate Investment journey.

My first experience in Real Estate was purchasing my Single Family home in 2021, when we decided to escape the City and move to the suburbs of Chicago post Covid. The real estate market was on fire, here, houses were selling the same day they posted, everyone wanted more space, and to get out of the city.

I was lucky, and I found a great realtor, and he had a great team, and lenders he worked with. The transaction was very smooth, and a good first experience, especially since it was my first time navigating the process of purchasing a home. I also got a great interest rate with a traditional loan before the rates went up.


I have always wanted to invest in real estate, knowing that it is a proven way to achieve financial freedom.

I have now made up my mind, that now is the time, and I am going to do it.

I am open to opportunities anywhere that makes sense.

I am currently looking at Multi family buildings locally, but I am also looking at deals out of state as well.

I recently watched a youtube video, that got me thinking, I have been focusing on 2 unit and 3 Unit buildings that are in my price range.

But the young guys in the video were doing deals on large unit apartment buildings, 20 plus units with the help of investors,

I am interested in learning how to put together deals on big apartment buildings.

I just started looking around the forums this weekend, and there is a lot of information, and it looks like a lot of experienced and knowledgable people here.

I look forward to meeting and learning from you.


Thanks in Advance,

David

Most Popular Reply

User Stats

6
Posts
3
Votes
David Tarango
3
Votes |
6
Posts
David Tarango
Replied

Hi Paul, Thank you for the book recommendation! Yes, I have been looking at local 2 unit buidings with the potential to turn them into 3 unit buildings.

Hi Logan, Thank you for the welcome, 

Yes, I am interested in exploring any opportunities. I will reach out if I end up your way

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