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Updated over 7 years ago on . Most recent reply

User Stats

239
Posts
101
Votes
Peter Halliday
  • Rental Property Investor
  • Arlington Heights, IL
101
Votes |
239
Posts

Any investors in Hoffman Estates and Prospect Heights

Peter Halliday
  • Rental Property Investor
  • Arlington Heights, IL
Posted

I've heard some agents try to dissuade me from investing in Prospect Heights, because of some issues with the Village government.  However, I have some leads through a direct mail campaign on some condos that look like thy would cash flow decently, and the owners may do seller financing on them.  The rental market in this area seems still very strong.  The tenants in both of these are quite good.  In fact, one of these seems like it might be a good flip too.

While on the phone with one of these leads, one guy mentioned another property he has in Hoffman Estates.  That made me wonder whether anyone is actually doing anything in Hoffman Estates.  I can't get a feel for the rental market there compared to other areas I usually focus on.

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