Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 10 years ago on . Most recent reply

User Stats

6
Posts
0
Votes
Jonathan E.
  • Carmel, in
0
Votes |
6
Posts

Indianapolis to Chicago

Jonathan E.
  • Carmel, in
Posted

I was just getting started in real estate investing in Indianapolis but moved to Chicago for other reasons. At first glance seems like the Chicago market is saturated and every single property has an HOA fee which I've heard to stay away from. I haven't found any kind've meetings to go to that are actually in the city. Are Chicago condos also bad to flip on top of investing for cashflow? Just looking for some direction here in a new city. Any info or tips is appreciated regarding the Chicago Markets.

Most Popular Reply

User Stats

6,176
Posts
5,144
Votes
Brie Schmidt
  • Real Estate Broker
  • Chicago, IL
5,144
Votes |
6,176
Posts
Brie Schmidt
  • Real Estate Broker
  • Chicago, IL
ModeratorReplied

The building Danny is buying is sort of an anomaly.... but we looked at more than a few good investment properties. But in River North when the average 2 bed condo is $500k and the average rent is $3200 it is already a awful investment before adding the HOA fees in

business profile image
Second City Real Estate
5.0 stars
20 Reviews

Loading replies...