New Chicago Investor

[Taria Buchanan]

Hello BiggerPockets Community!

My name is Taria Buchanan and I'm a Chicago native looking to invest in my home town (flips and residential buy-and-holds). I'm fairly new to real estate investing, and like most, I joined BP to learn from others.

Real Estate Experience:

I purchased a condo in Chicago's West Loop neighborhood several years ago, and that's my primary residence. I initially moved into the property as a renter, then ended up buying it for a steal.  I wasn't looking to buy a place at the time, but the numbers looked good and the neighborhood was (and still is) booming. Now, I can't wait to rent out the unit next Spring (I'll cash flow ~$850 per month) and house hack a multi-family.

I'm also a licensed Realtor, though I currently work a full-time corporate job. Eventually, I'd like to make real estate investing my full-time gig.

Professional Experience:

I started my professional career in investment banking, ran a cake business for a period of time, and now work in brand marketing at a local CPG company. I also have an MBA from the University of Chicago.

[Cory S.]

The Chicago market is one of the best in the nation in terms of cash flow, so you are in the right area to do this. 

Check out Calumet City, Matteson, Lansing, Dolton, and Joliet areas for class c and b properties for $88 to $180 listing prices with 7 to 10% cash on cash.

Good Luck!