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All Forum Posts by: Jonathan Chung

Jonathan Chung has started 1 posts and replied 1 times.

General Landlording & Rental Properties

Post: First rental property

Jonathan ChungPosted
  • Chicago, IL
  • Posts 1
  • Votes 1

Hey guys! Complete noob here. I am thinking of purchasing a rental property in Chicago. Any tips would be helpful. Would like to purchase something downtown or close to central Chicago so I can be close enough to put out any figurative fires. How does one find a good property? Any basic analytics that can be used? Best way to find good renters? How much to put down as down payment. Is FHA loan a good choice?

Thank you in advance!

1 Vote