All Forum Posts by: Jay Y.

How volatile local markets can be. If you locate a great deal at a great time and all the numbers work, go for it! Don't get caught in analysis paralysis and let opportunities slip by.

I was fortunate and secured two properties in the Bay Area before the madness really took over. Lots of friends, family kept playing the waiting game... they're still waiting today.

Nicholas Demers Welcome! To echo what Ned said, you've definitely come to the right place! There's none better.

Good stuff. Thanks for the inside info. I did get a chance to visit some of the neighborhoods and got much of the same vibe -- lots of variation from block to block. Some areas were very nice and well kept... others, not so much.

Tinna Li Welcome to BP! These forums are a great resource -- you are off to the right start! PM me if you want some specific material on "how to get started".

The Free Beginner's Guide and the Podcasts are also great. You should definitely check those out, if you haven't already.

Mike B. As an out-of-state investor, I'm curious to know which specific pockets you would designate as bad in the southside (Englewood, Auburn Gresham, Woodlawn, South Shore, Greater Grand Crossing, etc.)

Thanks for any inputs.

Harry M. It's a 2-flat in Chicago. Prior to this, I had only purchased single families. So, I guess you could say I'm "scaling" up. Maybe I'll try and get a quad next. ;)

Great thread -- very inspiring to see all the success stories!

Brandon Turner How many properties did it take for you to get to 30 units? Did you stay local or venture out of area?

Ben Phillips Welcome! You are going to love it here ;)

*********** Appreciate the heads up regarding eviction in Cook County. I had heard that Chicago is tenant friendly, and your post confirms it. Since the eviction process can be so drawn out, would you recommend getting landlord insurance?

Joe C. Thanks! I'll keep you guys posted on how the transaction goes...

Harry M. Congrats! I just closed on #3 myself, earlier this week.