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Updated over 8 years ago on . Most recent reply

User Stats

39
Posts
33
Votes
Malcolm Douglas
  • Investor
  • Chicago, IL
33
Votes |
39
Posts

Young Investor Starting in Chicago

Malcolm Douglas
  • Investor
  • Chicago, IL
Posted

My name is Mac Douglas and I just recently purchased my first two-unit property in Chicago.  I will live in one unit while renting the other to subsidize a large portion of my expenses as I build equity.  I have spent the last several months visiting multi-unit properties, building cash flow models, speaking with a few experienced individuals and researching through articles and podcasts.

I have loved every step, and as my broker (who's been a big mentor) suggested, "you're going to become addicted." Well I have, and I'm already thinking about how to plot my next deal, even if I may have to get creative with financing.

I look forward to gaining, and sharing, more knowledge with BiggerPockets.  I am very new to the game but would love to talk about my experiences with first time or experienced investors.  This site has helped give me confidence and removed walls of doubt when it comes to real estate investing.

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