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All Forum Posts by: Brynn Misener

Brynn Misener has started 6 posts and replied 73 times.

Post: Recent Chicago Rental Rehab Completed

Brynn Misener Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 98
  • Votes 33

@Christopher Malone  Nice work!  It looks like you a providing a wonderful place to live for your new tenant!

Post: Newbie from Chicago, IL

Brynn Misener Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 98
  • Votes 33

Hi @Kevin Tornes,  I loved the inspiring story about your dad investing in real estate.  He knew what he was doing!  Best of luck as you start your real estate investing, this site is filled with information!

Post: New investor from Chicago!

Brynn Misener Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 98
  • Votes 33

@Stan Utsis Welcome!

Post: Noob from Massachusetts hesitant to pull the trigger

Brynn Misener Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 98
  • Votes 33

Hey @Josue Feliciano!  Sounds like you are going for passive income rentals over fix and flips.  There are opportunities everywhere, we just need to check the numbers and follow the laws.  Consider hiring a property manager so you can continue your 60+ hour a week job without having too many headaches!

Post: New long time New Yorker looking at New Jersey O.o

Brynn Misener Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 98
  • Votes 33

@Yinna Wang Welcome to BP and good luck as you build your passive income!  I think going "Pro" is definitely worth it - even as a newbie.  For the price, you can't beat the value you can bring you!

Post: Effects of a Real Estate Bubble Burst on Buy & Hold Investors

Brynn Misener Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 98
  • Votes 33

Hi @Tolu Malik, I agree that flippers have it the worst during a housing crash and from my experience, I believe buy and hold investors are more secure.  I like to keep my buy and holds in lower economic areas for reasons you stated - if a renter loses their job and has to downgrade from a higher rental market, I have now captured them into possible renters for my property.  Buy and Hold properties that are kept for 10, 20, 30 years will naturally sees up and downs in the market, but I feel that during tougher times more people will be leaning toward renting anyways, making the buy and holds - if purchased for the right price and in the right market - still a cash flowing opportunity.

Post: New Investor located in Chicago!

Brynn Misener Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 98
  • Votes 33

@Jun Ku  Welcome! This is a wonderful place to be for newbies.  I live in Chicago and invest in the Chicagoland area with rentals and fix and flips.  There are definitely opportunities to be found in the greater Chicago, Indiana and Milwaukee area! Best of luck!

Post: What Is Your Highest Rent On A Single Unit?

Brynn Misener Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 98
  • Votes 33

Best I've seen is $2400 - for only a $70k purchase in Country Club Hills, IL

Post: Newbie Gal from Chicago!

Brynn Misener Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 98
  • Votes 33

@Yolanda Sellers Welcome!

Post: Recommendations for Networking and Educations Groups in Chicago

Brynn Misener Posted
  • Real Estate Agent
  • Chicago, IL
  • Posts 98
  • Votes 33

Hey @Tushar Shah! I really like Redevelop University - you can find it on meetup.com!