We will certainly have a rock solid contract and its good to hear views on both sides.

As to whether the Illiana corridor hwy will produce growth to the area by itself.

A 3 million property with a cap rate of 10 would produce an NOI of 300k.

Then I received a text calling me an @sshole and threatening to throw rocks through the rental's windows.Just to be safe I called the county sheriff to report it, although they said there's nothing they can do.

My immediate goal is to pick up least two properties a year for the next 3 years that produce a positive cashflow of at least $250 month.

Now, do it in a stone house, 1940, field rock exterior before you blow in insulation.

However; condos or small houses in that price range, in an area where they can be used as vacation rentals actually can produce a much better cash flow than they might if located further inland.

Feel free to contact me; I know the Rock County/N IL area REAL well.

I am SO glad I found this site & can't wait to join PRO or whatever it is! I do believe that I am actually learning more in less amount of time than when I first got my license and sat & listened to others in...

They want to be able to raise money by selling their dividen producing stocks, so they fought hard to keep the low rate on dividends.