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Updated almost 7 years ago on . Most recent reply

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Ibrahim Badimoole
  • Chicago, IL
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Looking for an Property with Airbnb potential

Ibrahim Badimoole
  • Chicago, IL
Posted

Hello everyone,

Looking to get into real estate investing for the first time. I want to buy a two-plex and live in one of them (I need at least 3bd for myself). However, I am priced out of all the nicer and desirable neighborhoods (Want to stay under 450K) . 

I am now thinking to buy a property with air-bnb potential like in a basement. 

Any real estate agents you guys can recommend who can assist with such requests? I am also open to rehab options. 

thanks!!

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12
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Chris Weichselbaum
  • Chicago, IL
6
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12
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Chris Weichselbaum
  • Chicago, IL
Replied

Hi Joe, Congratulations on your purchase! We're nearly neighbors.

My rental unit is a 4 bedroom, my tenant lives in one bedroom and rents out the other three bedrooms to airbnb guests, so he ends up living for free (while paying my mortgage). I like this situation because I have less people using the common backyard, and I still get to meet people from all over the world under my roof, but I don't have to actually worry about the airbnb. 

Please feel free to message me with any questions or just to chat! 

Best,

Chris

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