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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 1 year ago, 07/21/2023

User Stats

3
Posts
13
Votes
Ikenna Omekam
  • Investor
  • Atlanta, GA
13
Votes |
3
Posts

Seeking Connections for BRRRR Investing in Chicago

Ikenna Omekam
  • Investor
  • Atlanta, GA
Posted

Hey there, BiggerPockets Community! I'm a new member here, representing Atlanta, Georgia and diving into the exciting world of BRRRR investing in Chicago. I'm eager to connect with fellow investors who are either just starting out like me or already making waves in the Chicago real estate scene. Bonus points if you're into out-of-state BRRRRs!

I'm on the lookout for contractors, agents, lenders, and fellow investors who want to join forces and make things happen in the Windy City. If you've got experience rehabbing properties, know the Chicago market like the back of your hand, specialize in investment property lending, or have a knack for BRRRR, let's chat! I'm all ears for your recommendations, insights, or just good ol' sharing of experiences.

Drop me a private message or reply to this post—I'm excited to connect with like-minded individuals who can help me supercharge my BRRRR investments in Chicago!

Thanks in advance for your warm welcome and any connections, advice, or resources you can throw my way. Let's team up, learn from one another, and turn our BRRRR investments in Chicago into something amazing!

User Stats

3,973
Posts
2,415
Votes
Jonathan Klemm
Contractors
Pro Member
  • Contractor
  • Chicago, IL
2,415
Votes |
3,973
Posts
Jonathan Klemm
Contractors
Pro Member
  • Contractor
  • Chicago, IL
ModeratorReplied

Hi @Ikenna Omekam - That's too funny my partner @Bolanle Ogunmakin lives in Atlanta, but our GC-tech company operates here in Chicago.  We'd definitely like to team up and make it happen for you in the windy city.

You should connect with my partner @Account Closed (who work together) they all work primarily with investors as agents.

Other good people to know @Mark Ainley, @John Warren, and @Brie Schmidt

Do you have specific areas of the city that you want to invest in?  Or any specific criteria?

business profile image
Quality Builders
5.0 stars
30 Reviews

User Stats

2,011
Posts
1,406
Votes
Mark Ainley
Property Manager
Pro Member
  • Property Manager
  • Roselle, IL (Chicago Suburb)
1,406
Votes |
2,011
Posts
Mark Ainley
Property Manager
Pro Member
  • Property Manager
  • Roselle, IL (Chicago Suburb)
Replied

@Ikenna Omekam I will DM you a webinar I did with @John Warren and @Eric Workman from Renovo.  It is an hour of every mistake I made across 482 BRRRRs and everything I wish I know when I started. 

business profile image
GC Realty & Development LLC
4.6 stars
666 Reviews
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User Stats

178
Posts
64
Votes
Sherri Stokes
  • Realtor
  • Los Angeles
64
Votes |
178
Posts
Sherri Stokes
  • Realtor
  • Los Angeles
Replied

 I would recommend connecting with either @Olivia Radziszewski or @Shamar Gregg there in the CHI. Good luck!

User Stats

235
Posts
255
Votes
John Chong
  • Lender
  • Houston, TX
255
Votes |
235
Posts
John Chong
  • Lender
  • Houston, TX
Replied

Welcome! A lot of good info on the forums and people who are willing to help. I don't have much connections in Chicago but if you have any questions or need anything don't hesitate to reach out!

User Stats

274
Posts
191
Votes
Olivia Radziszewski
  • Realtor
  • Chicago, IL
191
Votes |
274
Posts
Olivia Radziszewski
  • Realtor
  • Chicago, IL
Replied

Thank you @Sherri Stokes  for the mention! @Ikenna Omekam we are happy to have you looking into our market in Chicago! I work with many investors, like yourself who may not be familiar with the area and help them nail down some good deals. Would love to connect.

User Stats

3,973
Posts
2,415
Votes
Jonathan Klemm
Contractors
Pro Member
  • Contractor
  • Chicago, IL
2,415
Votes |
3,973
Posts
Jonathan Klemm
Contractors
Pro Member
  • Contractor
  • Chicago, IL
ModeratorReplied

@Ikenna Omekam -I'd 2nd @Sherri Stokes....@Olivia Radziszewski is an awesome Chicago real estate agent!

business profile image
Quality Builders
5.0 stars
30 Reviews

User Stats

274
Posts
191
Votes
Olivia Radziszewski
  • Realtor
  • Chicago, IL
191
Votes |
274
Posts
Olivia Radziszewski
  • Realtor
  • Chicago, IL
Replied

Thank you @Jonathan Klemm!

User Stats

688
Posts
430
Votes
Eudith Vacio
Pro Member
  • Real Estate Agent
  • Chicago & NWI
430
Votes |
688
Posts
Eudith Vacio
Pro Member
  • Real Estate Agent
  • Chicago & NWI
Replied

Hey! 👋🏽 @Ikenna Omekam lets goooooooooo!!

how long have you been in Chicago? and which are are you living near? I definitely am a huge fan of BRRRR, every property I have purchased, I have rehabbed and then rented out. I am also a huge fan of the FHA 203k loans for a live and flip property.

Best of luck, and I trust that you will find what you are looking for 😃

  • Eudith Vacio
  • User Stats

    722
    Posts
    248
    Votes
    Stacy Raskin
    Lender
    • Lender
    248
    Votes |
    722
    Posts
    Stacy Raskin
    Lender
    • Lender
    Replied

    I work with investors on rental properties in Chicago structuring the deals as DSCR loans.

    business profile image
    Bright Skyline
    5.0 stars
    5 Reviews