All Forum Posts by: Account Closed

Jamie, started buying condos.

Hi Jamie, I have a different perspective. Have 3 rental condo's in process of closing on 4th.

One of them is a lot like a house 1/2  a duplex with only a small shared wall. The other 2 are more conventional condos. Yes, associations can be a PIA, they can also function very well, with low fees, but than properties are that way in general.        

Hi Chris,

been looking all over the west burbs mostly, more DG, Westmont, LaGrange, Berwyn, Westchester, and Oak Park. 

 Chicago market is over heated, would save your cash until it cools off a bit.   

Has anyone else found the Chicago area market too overpriced this past year?

Aside from risk, rental properties are time consuming, unless you hire out the repair labor, rental work, and management they do suck up time. So that is a cost as well.