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Updated over 8 years ago on . Most recent reply

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66
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Ray Jansma
  • USA
18
Votes |
66
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Joliet wholesalers on BP??

Ray Jansma
  • USA
Posted

Anyone on here that wholesales houses in Joliet or knows of any person(s) or businesses that offer off market deals? Currently am a NW Indiana investor but possibly looking into rental properties rehabs in Joliet. 

Most Popular Reply

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180
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123
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Robert Leach
  • Contractor
  • Romeoville, IL
123
Votes |
180
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Robert Leach
  • Contractor
  • Romeoville, IL
Replied

Joliet is hardly a "ghetto". There are some dicey areas but for the most part Joliet is very under rated. I have completed several rehabs in Joliet, some with permits and some without depending on what needed to be done and what is required. Keep in mind that there are a lot of noob investors over bidding and over improving houses in the area and thus the numbers don't look as attractive once done. Typically from what I have seen and heard, older homes in Joliet are usually in need of mechanical repairs especially electrical. Most have forced air heating so your not dealing with old crappy boiler systems which gets expensive but also there is a lot of septic water services so you want to be sure you investigate that before you close. I would require a water test as well and check for lead. Happy hunting :)

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