Re-introduction: Chicagoland area

[Kathryn Daniel]

Hi everyone,

I've been a member for a few years but am now actively using BP and am working on my second home purchase.  I started out wanting to purchase a foreclosure in a good school district which I could live in for a year to secure the loan I wanted and then rent out.  We ended up getting too comfortable, taking too long to do the repairs and stuck around two years longer than anticipated.  Now we are about to close on a larger house in the same neighborhood (current house is too small for all of us and our family is still growing) which we are getting for a good deal in my opinion but it needs a lot of cosmetic work.  We plan to keep this house as our primary residence for the foreseeable future.  We've got a lease signed on our current house and the tenants move in mid August.  Now I'm pumped to continue purchasing properties and renting them out.  I'm a property manager for a large apartment complex by day so I'm familiar with the landlord deal and am excited about it.

I've been listening to the BP podcasts daily while commuting and they've got me excited for everything we can do with real estate now that we've taken that step to purchase a second home, finally.  I look forward to participating in these discussions and learning as much as possible!  Thanks for reading.