Updated over 3 years ago on . Most recent reply
Who invest in real estate in Illinois?
How was buying your first real estate investment feels like
Most Popular Reply
@Leroy Aaron - I am in Chicago now, but I actually bought my first property in Louisville, KY. I didn't know anything about real estate just the simple fact that I did not want to keep paying some well else rent.
I actually ended up purchasing the through auction.com and had no idea what I was doing. I ended up doing a live and flip and doing most of the work myself with the help of a friend. I even sanded the floors myself and it's the last time ill ever do that lol.
It was quite stressful living through the flip, but when I finally got it sold with no capital gains (lived in it for 2 out of the last 5 years). It felt amazing!
Best word to describe my real estate investing career is "roller coaster". Every new project as I grow takes me to the bottom and then back to the top when we sell....
- Jonathan Klemm
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