Here’s a breakdown to help you navigate your first deal, incorporating advanced strategies, including 1031 exchanges, to attract a broader range of investors.Neighborhood Recommendations: Chicago offers a diverse range of neighborhoods for different investment goals:Wicker Park & West Town: These areas are known for their strong rental demand among young professionals and offer good potential for cash flow.Lake View: Ideal for attracting tenants who want to be close to downtown while enjoying local amenities.The Loop: A prime location for high-income renters, making it an attractive option if you’re planning to house hack and generate a steady stream of rental income.Property Types: Opt for properties that align with your investment goals.

The agent let me know the owner passed away and the seller has no blood relationship to the previous seller and knew nothing about the property.

Its just a revenue stream Nothing more nothing less.when I see them I push back and tell them I am not going to pay it. 

We don't provide cable service as most guests are ok with streaming TV.

I do the same, even when I know I can't get blood from a turnip, it goes on his record. 

Im fortunate with my W2 job (as a union carpenter), where I can listen to podcast basically all day, so bigger pockets rookie has been my life blood.... so I'm learning as much as I possibly can...

You have a ton of great experience that will make your REI journey a little easier.I always recommend ensuring new REIs have high cash flow income streams in place prior to pursuing rentals.

With a team, even if you’re paying salaries or commissions, you could close 25 deals a month.From there, increase your marketing, improve your SEO, and keep spending money to make (far more) than you spend.Keep scaling and tweaking until one day, you realize a steady stream of leads is coming in through your SEO efforts.At that point, you can turn off your paid marketing and enjoy the highest-quality leads for free—without lifting a finger.Let me know if you have any concerns or questions!

- **Income Stream**: Discuss how seller financing can provide him with a steady income stream while still retaining ownership of the property until the loan is paid off

Maybe I'm cold blooded but I don't let the tenant's problems become my problems.