All Forum Posts by: Alex Proskourine

Dear Investors,

I am interested in your opinions in doing fix & flips in the Hegewisch community of Chicago, IL. For the past week I have been doing comparative analysis for foreclosed / pre-foreclosed properties in relation to recent retail purchases of similar properties in this neighborhood. I was wondering if this community is preferred for Fix and Flips and if anyone has had any experience investing there.

I am also confused on why there are fully rehabbed homes in Hegewisch that are foreclosed, completely rehabbed and updated and have been sitting on the market for over 1 year and are selling at a great discount. There are also fixer uppers that are also foreclosed and are selling very well for a similar price. Is there just something very wrong with the property that looks great but just cannot sell at all? Your feedback is appreciated!

Thank you so much!

Alex