New to BP and looking to invest in Chicago multifamily.

[Dave Shutack]

Hi All,

My name is Dave and I'm hoping to learn everything I can about getting starter in real estate investing. I stumbled on BiggerPockets.com in my pursuit and have really enjoyed all the great content and community this website has to offer!

A bit about me: I have always had an interest in real estate investing and now believe it is time for me to get started. I'm a 24 year old finance grad from Michigan State University. I live in the northside neighborhood of Lakeview in Chicago, IL and work full time as a digital marketing consultant. Ever since moving here 2 years ago, I have been allured by the abundance of triplex and fourplex homes that line almost every residential street of my neighborhood. It is my goal to purchase a multifamily home with an FHA loan, reside in one of the units, and rent out the others.

I'm hoping to learn from other Chicago investors what their thoughts are on the local multi-family market, if it is recommended to purchase a first property here, and if so, what to look for in a property? Any advice is appreciated.

I'm looking forward to meeting some new people and continuing to learn more here on the forums!