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The Investor’s Guide to a Single-Family Rental Emergency Fund
As real estate investors, your emergency funds are a critical line of defense against unexpected costs. It prevents you from dipping into your budget to handle them. But what should you really use an emergency fund […]
Don’t Overlook This When Buying an Investment Property—Learn From My Mistake
Let’s get one thing straight: Real estate investing isn’t a get-rich-quick scheme. If you think you can just waltz in and start raking in cash without a solid game plan, you’re setting yourself up for a financial face-plant.
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HomeForumsStarting OutNew Chicago Investor
Syed Lateef's profile image
Syed Lateef's profile image
Syed Lateef
  • Professional
  • from Chicago, IL
  • Member since Nov 11, 2012
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Syed Lateef's profile image
Syed Lateef's profile image
Syed Lateef
  • Professional
  • from Chicago, IL
  • Member since Nov 11, 2012
Connect
Syed Lateef
  • Professional
  • Chicago, IL
130
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197
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Starting Out

New Chicago Investor

Syed Lateef
  • Professional
  • Chicago, IL
Posted Jul 24 2015, 22:57

All,


I have been spending a lot of time lately on biggerpockets forums/podcasts lately. I believe i am ready to get my feet wet and start investing in Real Estate. I live in Chicago (northside)

Few comments:

1. I understand calculating ROI (my background is finance from DePaul)

2. I have about $50K cash in my savings 

3. i have friends that are willing to pool money together for a real estate property as long it is a good deal

My issue: Now  finding a property or a good deal. What is the best way to start? Can you guys recommend any real estate agents in Chicago that is investment savvy that can help me get my first deal?

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