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Updated over 10 years ago,
New(er) Member in Chicago, but from OH
Hello everyone!
I've been lurking on the boards for months here and there, but recently realized the depth of knowledge and relationships that can be gained by leaving Lurkervile and actually posting and sharing!
I'm John and I own two multi-family buildings in Chicago. I live in one of them (2-unit), renting out the other unit and the other is a 3-unit that cash flows around $1200 monthly. I'm looking to acquire more multis in Chicago to buy and hold for cash flow, but need to generate more cash to do another deal (or wait and save for like 3-4 years, but "ain't nobody got time for that!").
I'm hoping to generate this cash through flipping a few SFR in Cleveland or Cincinnati. I'm from Cleveland and my family lives there and I believe there are good deals that can be made. My wife's family lives in Cincy and my sister-in-law is one of the better agents in the area and has owned a couple rentals.
I'm hoping to gain the knowledge and confidence to pull off my first flip by the Fall and hoping the BP community can help guide me. I'm struggling to find forecast data on these markets to get a sense of trends and help me identify which market should be my focus so if anyone can help direct me there it would be highly appreciated. I'm also open to partnerships for multi-families in Chicago or flips in Cleveland or Cincy. I've already met a few of you and look forward to connecting more in the future.
Thanks!