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Updated almost 8 years ago on . Most recent reply
![Dustin Albers's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/651637/1621494713-avatar-dustina9.jpg?twic=v1/output=image/cover=128x128&v=2)
Real Estate Agent Recommendations in Chicago
Hello All,
I have always had a real estate passion and now I feel like I am finally in a position to move forward and start my real estate journey. I have spend the past 6 months educating myself through reading as many books as I can and also listening to the BP podcast and forums.
I am looking to go with the house hack strategy for my first investment property. I am looking for a 3-4 unit property in North Chicago. I plan on eventually making a living out of real estate so hopefully this first purchase will lead to many more in the future.
I wanted to find out from other investors in the Chicago area if there are any recommendations real estate agents that have experience with investment properties?
Also on a side note, if any experienced investors have any tips they wish they would have known prior to buying their first property I would like to hear them.
Thanks All, hopefully I get to connect and meet more people through BiggerPockets.
Most Popular Reply
![Brie Schmidt's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/169342/1621421059-avatar-chicagobrie.jpg?twic=v1/output=image/crop=500x500@0x0/cover=128x128&v=2)
@Dustin Albers - I live in North Center too. I only work with 2-4 unit buyers and own over 30 properties myself. I can tell you that you wont find anything in NC that will cash flow unless you are putting a few hundred thousand dollars down. The biggest problem east of Western is the loan limits
Property Type | FHA | Conventional |
2 Flat | $468,150 | $543,000 |
3 Flat | $565,900 | $656,350 |
4 Flat | $703,250 | $815,650 |
If you are looking for cash flow you are going to need to go a bit west. Feel free to PM me your email address and I iwll send examples and numbers
- Brie Schmidt
- Podcast Guest on Show #132
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