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Updated almost 3 years ago, 01/27/2022

User Stats

14
Posts
4
Votes
Man Le
Pro Member
  • Rental Property Investor
  • Aurora
4
Votes |
14
Posts

Multi Family Rental In Aurora and Surrounding Cities

Man Le
Pro Member
  • Rental Property Investor
  • Aurora
Posted

Hi All,

I'm new to BP and I'd glad I found this community. I'm living in Aurora and been invested in townhouse along Eola rd, Naperville school district and would like to expand my portfilio with MF properties, starting looking MF around 600k, have been looking into Aurora, Addison, Lemont, Westmont.....even West side of Chicago like Austin and East Garfield Park.

While I was looking further out, why not focus in my backyard which is Aurora, I looked up some numbers, occupancy in Aurora is around 5%, 1% rule is a little short but I think I can work with it.

Any MF investors have any suggestion ? Aurora is a good place for MF investing or any other surrounding cities ?  

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