New to the game but ready to play

[Sinuway Martinez]

Gooday to all. I was referred here from Jake and the flipping secrets family. I am looking to build a team of like mined go getters and go givers to make a dent in the up and down market we are in . All advice welcome here. I am located and investing in west burbs of Chicago, but also branching out to flip in other states. Any recommendation on hot spot location to search for properties for fix and flips?? Also looking for R E Agent / Investors form out of state to give me some insite of your market. 

To me its looking like a lot of  properties are over priced, but I will keep digging. I am also looking for info on creative purchasing and "Subject to" purchases, especially BRRRRs. I planning to invents in purchasing single and multi-fam, fix and flips, Short term rentals and buy and hold single and multi-fam properties. Always Happy Investing & Gooday. Thanks in advance.

[Melissa Justice]

Quote from @Sinuway Martinez:

Gooday to all. I was referred here from Jake and the flipping secrets family. I am looking to build a team of like mined go getters and go givers to make a dent in the up and down market we are in . All advice welcome here. I am located and investing in west burbs of Chicago, but also branching out to flip in other states. Any recommendation on hot spot location to search for properties for fix and flips?? Also looking for R E Agent / Investors form out of state to give me some insite of your market. 

To me its looking like a lot of  properties are over priced, but I will keep digging. I am also looking for info on creative purchasing and "Subject to" purchases, especially BRRRRs. I planning to invents in purchasing single and multi-fam, fix and flips, Short term rentals and buy and hold single and multi-fam properties. Always Happy Investing & Gooday. Thanks in advance.

Hello @Sinuway Martinez,

There are real estate investment opportunities across various markets, particularly in the Midwest and Southeast regions of the U.S. These areas not only offer reasonable purchase prices for many investors, but also feature turnkey homes—either newly built or fully renovated—ready for tenants, with systems that still have around ten years of life left. Additionally, properties in these markets tend to appreciate in both value and rental income.

The cash flow from a property will depend largely on your down payment. A smaller down payment might lead to a break-even situation or even negative cash flow. However, some investors are comfortable with this approach, especially if they prefer to limit their initial capital and plan to refinance a few years after purchase—particularly as discussions about the Federal Reserve lowering interest rates into 2025 continue.

Ultimately, successful investing hinges on selecting a growing market, a desirable neighborhood, and assembling a strong support team. Managing everything solo can be quite time-consuming, so collaborating with a reputable team is beneficial. For the past decade, our team at Rent to Retirement has been helping investors navigate this process effectively with BP. I'm here to answer any questions you have about market analysis or getting started. Most importantly, make sure to choose a market that aligns with your investment goals!

Wishing you great success!

Melissa Johnsen
Rent to Retirement Investment Strategist