If I purchased a home locally I’d have to ask well beyond the market rate on rent just to break even.

here is what Showmojo shows in their market research and I would say our local numbers show this out as well. hopefully the 2024 line takes a dive down but historically that is very unlikely.

Ask a local professional.I hear u .Either I settle or go to court on the 17 of January.

Hey Carlos, I am local to the area and have helped investors with this.

I’ve had to widen my search radius to smaller suburbs or target properties needing light cosmetic work to make the numbers work.Value-add opportunities: Adding amenities tenants love, like finished basements or upgraded kitchens, seems to justify rent premiums in this market.Navigating the competition:Be creative with financing: Seller financing or partnering with other investors has been helpful to secure deals when conventional offers didn’t cut it.Work with local agents and wholesalers: They often have their finger on the pulse of off-market opportunities, which is critical in a hot market.For those new to suburban Chicago investing, I’d say the key is finding the “sweet spot” neighborhoods—ones on the rise but not yet maxed out in price.

Better hope paint,carpet,advertising, commissions, and utilities don’t cost $600 or you blew your cash flow, it’s zero.

I live in the Milwaukee area and want to get started investing locally but eventually want to branch out into other cities and states.

Start local.

Tahoe isn't ideal right now as the local community is vehemently anti-Airbnb and the permitting system is challenging to navigate.

Meaning, two different parties have ripped my listings and falsely advertised elsewhere.So a 1:25 scam-to-door-ratio per calendar year hahaIn addition to fraudulent advertising, I have lockboxes that enable remote showings.