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Updated over 5 years ago on . Most recent reply

User Stats

10
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4
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Joett Ocasio
  • San Diego, CA
4
Votes |
10
Posts

Looking to BRRRR in Chicago

Joett Ocasio
  • San Diego, CA
Posted

I've been looking into real estate in Chicago since it seems like a good place to BRRRR. Any advice or info would be greatly appreciated. We're also going to need an agent, contractor, property manager and lender.

Most Popular Reply

User Stats

515
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247
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Jeff Burdick
  • Investor
  • Chicago, IL
247
Votes |
515
Posts
Jeff Burdick
  • Investor
  • Chicago, IL
Replied
Originally posted by @Joett Ocasio:

@Jeff Burdick Up to 20k for the property itself, in terms of city or suburbs which ever one has a better clash flow. 

I’m not really focused on appreciation but it would be nice to have both cash flow and appreciation.

I spent part of my child hood around the Humboldt park area and I came back 20 years later and went to the same area while I was on vacation in 2017. So I honestly don’t know what are the good and bad areas.

 20K for a property?  You're not gonna find much.  

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