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Updated about 8 years ago,
New to Chicago Real Estate - Looking to House Hack!
Hey everyone!
My name is Ben Cohen and i'm new to the Chicago area. I've recently gotten extremely excited about real estate, listened to a majority of the podcasts/read a book or two and have attended a few REI events to make some amazing connections!
My two main goals are to begin flipping houses for the capital and do a BRRRR's / house hack a property for the cash flow. My focus for the flips are single family homes and my focus for the BRRRR's are multi-family properties.
With regards to cash I have quite a bit saved up, so getting a loan won't be an issue, the only question I have now is where does the market in Chicago look best?! I keep discussing this vision of mine with realtors who immediately ask me which area's i'm most interested in. As I am new to Chicago I was wondering if anyone had any recommendations / suggestions about areas where you see upside potential (looking for properties ranging from $80-$250k). Please let me know if you have any recommendations!