All Forum Posts by: John Mathews

@Crystal Smith 

Thank you for this valuable input. What are you thoughts on properties that do not cash flow from having other tenants can they still be valuable investments?

Hello, I am a 23 year old who works in the Loop but still commutes from parents house in the suburbs.  While all my friends are moving into the city to rent in places like Lakeview, Lincoln Park, Olde Town and Gold Coast I am trying to find a duplex or small multi-family to househack. I am wondering about how to go about finding a property that would make a good deal for this. I have looked on websites like realtor.com and zillow and everything looks to be out of price range (600k and up for a worn down duplex) and I only have 20k saved. Is this enough? Also any tips on what first steps I can take in either the search process or beginning stages or what areas in the city would be best to look are greatly appreciated!