Purchase price: $625,000 Sale price: $700,000 I’m excited to share my recent experience with a wholesale investment in a single-family residence located at 875 N Michigan Avenue, Chicago, IL 60611.After purchasing the property for $625,000, I focused on strategic renovations that enhanced its appeal and functionality.

If we're into the 10-year bear market then you may lose your money too when you have to sell your shares/equity.

I bought a house in Chicago land area and plan on renting it out to HCV/section 8 candidates.

There is a lot of speculation in the market that investors should not buy real estate during a bear market or high inflation period.

Do I need to contact the city of Chicago to have the water shut off or is this something I can do myself? 

The PITI payment on it is $4,300 (on a 15 year note) and it rents for $8,000 but it is a bear to manage. 

As many of you know, Assembly Bill 968 will take effect on July 1, 2024, mandating flippers of residential properties to disclose recent repairs and renovations if they sell within 18 months of acquisition. While the ...

I have 2 three unit buildings in Chicago and owner occupy one of those buildings.

So purchase price, as long as you can obtain initial funds to execute the BRRRR (including the value add), has zero bearing.  

I remember about 6 otr 7 years ago flying into Chicago to check on my deals there and lake Michigan was Frozen solid  I had never seen that before.