New member from Chicago - interested in vacation rentals

[Timothy Swindle]

Hi, I'm an entrepreneur from Chicago and am interested in real estate investing. I've been listening to the podcast for a few months and decided it's time to "take the plunge". Outside of owning my own home, I've never invested in real estate.

I spend a lot of time in New Buffalo, MI (about 1.25 hours from Chicago) and am bullish on the area over the next 20 years.  I'm looking to build a portfolio of vacation rentals and am open to any/all feedback.  

Thanks,

Tim

[Dorothy Wulf]

Hi Tim,

Welcome to Bigger Pockets. Chicago is a great place to buy an piece of real estate and profit off of VRBO and AirBNB.  

Do you have a price in mind? Have you spoken to a lender? 

There are many options to take advantage of. In the Jefferson Park area there are a lot of Pilots and Flight Attendants that rent homes and bunk up together and consider it their crash pads when they fly into Chicago.

It will definitely depend on what you are looking to accomplish as part of your investment portfolio.

I can definitely help you.

Take care,

Dorothy