All Forum Posts by: Adam Delort

@David Faulkner Thank you! Thats exactly why im asking questions before diving in!!!

I am just getting into the rental market. Would you guys mind if i tag along and network with everyone?

@David Faulkner I didnt realize neighborhoods had a class. What considers neighborhoods as class A, B, or C and is there a specific way to weed these out from one another?

@Chris T.

thanks for your input!!! By "B Class" What do you mean by that and how do you find those areas? Sorry im a complete newbie here. 

Also how does one research exit strategies?

What do you guys look for in a given area when thinking about rental properties? Do you prefer lower income areas where the housing is cheaper? Higher income areas where the sub divisions are more well kept but housing costs are higher? There is a town near me that has lower income families. The houses arent all that well maintained, but there are alot multi units and houses that are cheap. Im just worried about the lower income areas and the tenants being able to pay rents on time. If you chose lower income how do you handle that?

Adam

 I REALLY REALLY like this idea! 

thanks for the input guys!!!!

Hey guys, i am really itching to buy my first rental property!!! I just am nervous! How do you guys come up with the rental rates for your properties? Do you increase them each year?

Hey to all my biggerpocket.com friends!!!

Just signed up for this and wanted to introduce myself. My name is Adam and I am in the Chicago Suburbs. I am an active licensed Realtor that is looking to get involved with house flips and Rental Investment proprerties, both single family and multi-unit... I am coming here to gather knowledge, network, and gather strategies for investing into these types of units.

Are there any others around from the area?

Looking forward to getting to know everyone and gathering the knowledge you have! I have SOOOOOOOO many questions!!!!

Adam