Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Managing Your Property
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 2 years ago,

User Stats

32
Posts
19
Votes
Noah Lomax
  • Rental Property Investor
  • San Diego/Chicago
19
Votes |
32
Posts

Success in South Side Investing and Managing?

Noah Lomax
  • Rental Property Investor
  • San Diego/Chicago
Posted

I'm currently in escrow on my last remaining property in California with a plan to purchase here in Chicago. I've lived here for three years and currently have another rental property in the city. Given the high mortgage rates, it looks like most opportunities for cash flow are in neighborhoods that normally give people reservation and/or in rehab properties. 

We are looking at a property on the north side of Englewood, on a street where both it and the surrounding streets look to be in good shape. Houses surrounding the propery have appreciated steadily (and sharply) for the last 5 years. I know there are concerns (crime, tenant damage, etc) in the area, but I was wondering from folks that have first-hand experience managing in the area:

-Who has had success managing in these areas? 

-What has worked and what has not worked?

-If you use a property manager that you like, would you be willing to share?

Thank you in advance for your expertise!