All Forum Posts by: Challenor Jack

I must start by saying thanks to everyone on bigger pockets for the inspiration to get involved in real estate. Since I started in 2016 I have done 2 flips and one buy and hold. 

My last buy and hold:

Bought a 2 unit building for 56k converted it into 3 units. Rehab cost = 55k. Renting all three units for 3,100 monthly. Expenses monthly = 1640. Monthly profit = 1460.

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After:

Welcome to BP @Mark Overton

This is a great post.  I will surely look into this. 

@Chris T. Thanks for feed back. 
I will love for Bob to chime in. 

Anyone on here has any experience with Chase Real Estate in Naperville? A friend of mind wants to get into flipping houses and they are selling her on the idea that they will do everything. From finding the property, buying, remodeling and then sell or rent investment property for her. She is leaning on doing it 

Anyone can shed some light on why this is good or bad for beginners? 

Thanks

@Tiffany Warren I never pulled the trigger. I got so caugth up in my flips but will revisit this later on down the road. 

Thanks Chris

Thanks

Need to know your experience when obtaining permits etc. What are things to be aware of when working with the folks in the village

Would love to. I live in the area