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Updated about 8 years ago,
Newbie from Chicago, IL looking for guidance.
Hello Friends,
I've been a lurker on this site and trying to soak up as much knowledge as I can from the great people here. I'm a Director for a small startup here in Chicago and recently married. I made it a new years resolution to start smartly investing our money into different avenues. Currently our only investment strategy is in our retirement plans. We now have a healthy amount of money in our savings account and to me it makes no sense to sit there.
I'd like to implement the BRRRR strategy and then expand from there. I'm looking to invest in the Logan Square area or the Chicago burbs (Wheaton, Hanover Park, Carol Stream, Glen Ellyn...etc). The problem that I'm having is that no worthwhile properties seem to hit MLS as I run them through the numbers. Is the best way to get a worthwhile property is to start networking?
Thanks,
Kunal