Updated over 5 years ago on . Most recent reply
Is the Molina, IL market good or bad for newbies?
Hey BP, any thoughts on the Molina, IL market? If there are any experienced investors in this market, would you consider this area a good starting point for beginners? My goals in detail for my first deal is below:
-Single family
-Producing at least $100 in cashflow
-Looking for B class property in C class neighborhood (Not looking to do too many renovations)
-Stable area with stable tenants
-This is an OOS property so an area with great and reliable PMs/Agents/Contractors
-Conventional Financing for 30yrs
Not sure if the Molina, IL area meets my criteria. I live in California so any help would be appreciated! Thank you BP community