24 y/o newbie from Chicago, IL

[Mark Rosenberg]

Hi All!

My name is Mark Rosenberg and I'm a 24 y/o living in Chicago, IL. Currently I work in meeting consulting planning corporate conferences, which is what I studied to do in college.

Since early college I have been an investor in the stock market (long-term investments). Over the years I have become more and more familiar with it and have become fond on investing in general (retirement, stocks, mutual funds, high interest savings, ect.). From a mixture of investing and working throughout college, I have saved up some nice capital.

A couple months ago I started feeling unsatisfied with only having investments in the market. I felt like I wanted to start owning my own assets and profiting from them. This is what made me start studying up on real estate investing to add to my investment portfolio.

I’m very excited to get started in this over the next couple of years. I've come up with a 2-3 year plan to start making my studying a reality. I plan on being a “passive” investor, specifically looking at duplex’, triplex' or single family homes to buy and rent out.

I come to the community for multiple reasons:

- To learn from first hand examples what to do and what NOT to do

- To educate myself on smart ways to go about the process without being naïve as a beginner

- To really learn what to look for and what NOT to look for as a buyer looking to rent

- To look at examples and see what you all may see

I really appreciate your engagement as I'm early in educating myself!

Mark

[John Warren]

@Mark Rosenberg welcome to the BP community! You are on the right track looking to invest in the 1-4 unit space. Chicago is one of the best markets for 2-4 unit properties in general. Which part of Chicago are you looking to live/invest in? The main thing I would tell you to do is be patient. Make sure you buy a property that meets your criteria. Buying is easy, but making money takes plenty of due diligence.