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3
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Michael Hikido
  • Torrance, CA
1
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3
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New member interested in multi-family props

Michael Hikido
  • Torrance, CA
Posted

I am interested in investing in multi-family rental properties.  I'd like to generate income since I will be retiring in the next year or so.  I live in Southern California where property values are high however I could be interested in out of state properties also. I own a shared multi family property in Chicago, IL; however prop taxes are very high there but I could be interested in properties there also.

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6,206
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Brie Schmidt
  • Real Estate Broker
  • Chicago, IL
5,175
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Brie Schmidt
  • Real Estate Broker
  • Chicago, IL
ModeratorReplied

@Michael Hikido - I know the area well.  If you PM me your email I will send you an analysis of North Side 2-4 units that have come on the market this year.  It will give you a good idea of prices and returns in different areas and price points.  

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Second City Real Estate
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