We then set you up with a team on the ground (consisting of an agent, project manager, general contractor, and property manager) who you will leverage to verify or change our initial numbers as needed; they have hyper-local and real-time knowledge that is invaluable to reducing your required input time and reducing your risk.

If possible, consulting a local real estate agent or financial advisor can provide personalized advice based on the specific market conditions in Chicago.

Hi Nina, National Integrity Title handles foreclosures- great local team to work with, very communicative and thorough.

If you do want to go outside, you should put a lot of work into evaluating the area and finding local property management.

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However, I've never done any BRRRR in the country, and I'm planning to talk to a few local banks about it to see if they're open.Has any of you guys run a BRRRR project here?

I own a local short term rental property management company based out of the Jersey Shore.

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Additionally, keep an eye on the local economy and any upcoming developments or infrastructure projects that could impact property values and rental demand.

Reach out if you want to sit down and grab coffee and throw some ideas around.Also, as a new investor we'd love to have you join us at our local investor meetups.