Chicago and Chicago Suburbs

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Chicago and Chicago Suburbs

Julian Broyles
Phoenix, AZ · Member since 2021 · 73 posts · 17 votes

I'm originally from Chicago and moved to Phoenix, Az a couple years ago for a change.

I see many properties I marveled at as a child in the market back in my home town of Lansing/Chicago, Il.

Looking to find people that could share their insight of changes in the businesses/life since 2015, knowledge of the market and possibly connecting for partnerships in the upcoming months. I miss it a lot and know the good and bad neighborhoods of the suburbs, not so much the city itself. 

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Dave G.
Investor · Phoenix, AZ · Member since 2016 · 349 posts · 418 votes
5y

@Ubaldo M Gomez at what point in my response did I accuse all people in IL are dangerous? Did you not read the part that I am in Chicago on business frequently and have family there? Do you think I would do that if all those people were dangerous? 

Somebody posted a question asking for thoughts and opinions and I offered mine. That what we do on Bigger Pockets. We share ideas, thoughts and experiences on this real estate business platform. And nothing says we all have to agree. So how about you keep your imaginative rants off of BP and limit them to your Twitter account.

@Julian Broyles As you explore teaming with folks, I would advise you to steer clear of folks like Mr. Gomez. A 50+ year old man challenged with both reading comprehension and composition skills. And someone who gets angry simply by a post that disagrees with his opinion. I wonder how such a sensitive person would manage a difficult tenant or challenging contractor situation. 

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  • Dave G.
    Investor · Phoenix, AZ · Member since 2016 · 349 posts · 418 votes
    5y

    @Julian Broyles are you asking this question as an investor or as someone that wants to move back home? The answers may be very different.

    I too, am a transplant from Chicago, two decades before you. But I am there frequently on business and to see family. I grew up in the suburbs but have also spent a lot of time downtown.

    Personally, I would never own rental property in IL (especially Chicago). It's a cesspool of a state, in terms of unfriendly business environment, corrupt government leadership and extreme fiscal mismanagement. And it's on a downward spiral. Recent legislation has passed at the state level that mirrors the mentality in Chicago leadership that has made that city increasingly more unsafe each year. 

    Be very calculated if you are looking to move back. Or, if it's only an investment consideration, I would look elsewhere. I put IL in the same category as CA and NY in terms of would I ever own property or earn any kind of income there. Bottom of the barrel. 

    Good luck to you.
    Dave

    1Reply
  • Ubaldo M Gomez
    Investor · Riverwoods, IL · Member since 2015 · 27 posts · 13 votes
    5y

    @Dave G. What an ******* left the Great City of America to think went elsewhere to find better life and prosperity? Look man, Chicago has always been the corrupt center or Illinois but great people came out of it became Presidents of the United States and ran our country have not brought her down to her knees. Illinois have some bad corrupted government staff does not mean all Illinoians living here are dangerous like you tarnish it to be. I own properties here and still make money despite my tenants are strugggling from time to time earn a buck because taxes are high in Illinios and yet they still here enjoying this great city? I am over 50 and plan on not leaving ShitCago have lived here since 1974 is a beaufigul City unlike no other I have been to. I would like to say to those left Chicago to come back and be recieved with open arms because we love you! If you plan on leaving again, sell me your Chicago multi units so you can be on your way to whatever suits you good.

    0Reply
  • Julian Broyles
    OP
    Phoenix, AZ · Member since 2021 · 73 posts · 17 votes
    5y

    I am planning on investing in Chicago. Although there are corrupt and shady people (the reason I left lol) doesn't mean everyone is like that. I have my "Core 4" as David Greene calls them. I know the suburbs like the back of my hand. Plus, I know 10 people right now that are itching to tell me where the mula machine streets are in the downtown area with staying tenants. I'm ready, but I will watch my back.

    1Reply
  • Dave G.
    Investor · Phoenix, AZ · Member since 2016 · 349 posts · 418 votes
    5y

    @Ubaldo M Gomez at what point in my response did I accuse all people in IL are dangerous? Did you not read the part that I am in Chicago on business frequently and have family there? Do you think I would do that if all those people were dangerous? 

    Somebody posted a question asking for thoughts and opinions and I offered mine. That what we do on Bigger Pockets. We share ideas, thoughts and experiences on this real estate business platform. And nothing says we all have to agree. So how about you keep your imaginative rants off of BP and limit them to your Twitter account.

    @Julian Broyles As you explore teaming with folks, I would advise you to steer clear of folks like Mr. Gomez. A 50+ year old man challenged with both reading comprehension and composition skills. And someone who gets angry simply by a post that disagrees with his opinion. I wonder how such a sensitive person would manage a difficult tenant or challenging contractor situation. 

    2Reply
  • Jonathan KlemmBusiness Member
    Moderator
    Contractor · Chicago, IL · Member since 2016 · 4k+ posts · 2k+ votes
    5y

    @Julian Broyles - Funny situation.  I actually do all my investing in Chicago but am down here in Phoneix on vacation.  Happy to connect and see how we might be able to partner up.

    I love investing in Chicago, there are so much old inventory and tons of great people to work with.

    [email protected]
    Quality Builders4.967 Reviews
    WebsiteView Page
    0Reply
  • Julian Broyles
    OP
    Phoenix, AZ · Member since 2021 · 73 posts · 17 votes
    5y

    @Jonathan Klemm

    Sounds super. I’m excited to connect and to learn from you and perhaps partner with you in the future!

    1Reply
  • Aaron ZimmermanBusiness Member
    Accountant · Chicago, IL · Member since 2018 · 2k+ posts · 1k+ votes
    5y

    I would recommend listening to the Straight Up Chicago Investor Podcast. It's a wealth of knowledge and they bring on a lot of high profile guests. I'm sure you could build your network from there if you're looking to invest here! Feel free to PM me if I can provide any value!

    [email protected]
    Brick House CPAs53 Reviews
    WebsiteView Page
    2Reply
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