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Updated over 4 years ago,
New Chicago, IL investor - interested in flips, BRRR, rentals
Hello BP!
I'm Perry currently living in Chicago, IL, but from San Diego (planning to go back within the next 3-5 years). I'm interested in getting involved with rental properties, flips, BRRR, and multi-family properties. I'm interested in flips and BRRR to help generate income faster and because I'm a Project Manager by trade and think it would be super fun to use those skills for personal gain. When it comes to rentals though I'm very open to being a long distance landlord hiring a turn-key Property Management company. So, while reading Joshua and Brandon's, "How to Invest in Real Estate." I find myself still undecided on what state I would want to begin to invest in or where to begin really.
I'm really excited to keep moving forward so any and all advice is welcome! But if you have suggestions on which strategy might be the best one to start with as a beginner or thoughts around being a long distance landlord in the beginning that would be super helpful, thanks y'all!