Rental Properties in Illinois

[Mitchell Riggs]

Hi all,

New to the forums here and glad to be apart of this community! I have been listening to the podcasts for a little while and have always wanted to get into real estate investing. I am hoping to start with buying/holding or buy/rehab/hold (single-families, duplex, etc.) using BRRRR or similar strategies. The caveat, I live in Illinois which isn't in the best financial shape and doesn't have the nicest property taxes.

Does anyone have any suggestions on how to make real estate investing lucrative in Chicago's western suburbs and/or Chicago itself? Or any other suggestions?

Thanks!

Mitchell

[Heather DeGeorge]

We are also buy & hold/BRRR. Our Naperville school district properties in Naperville and Aurora have gotten us high enough rents to be worth it. That being said, we get top dollar because we keep the properties very well and not completely outdated the 88 corridor sees a lot of people coming in and out for relo so the transient population is good tenants. We have actually found our properties in the MLS. Not the best deals but still profitable.