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
General Real Estate Investing
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 12 months ago on . Most recent reply

User Stats

19
Posts
8
Votes
Alex L.
  • Chicago, IL
8
Votes |
19
Posts

Looking to build my first single family house

Alex L.
  • Chicago, IL
Posted

I have done small flips and rehabs over the years and mostly a buy n hold type of investor. I'm about to close on a lot in Chicago logan square shortly and thinking about tearing down the 2-flat for a new single family.

Can anyone who has done this help point me to the right direction? How should I even get started?

Most Popular Reply

User Stats

4,255
Posts
2,610
Votes
Jonathan Klemm
  • Contractor
  • Chicago, IL
2,610
Votes |
4,255
Posts
Jonathan Klemm
  • Contractor
  • Chicago, IL
ModeratorReplied

Yo @Alex L. - What area of Logan Square is the lot in and how big is the lot?  

I've dabbled in the new construction space here in Chicago and there is A LOT that goes into it...I'd highly suggest spending some 1:1 time networking with some other investors like @Jennie Berger or @Prashanth Mahakali who are both Chicago developers

You make your money with the land purchase and then systems/processes/volume over time in the development game, but it's not easy and competition is high!

I am also happy to link up and share my experience in the new construction space.

business profile image
Quality Builders
4.9 stars
41 Reviews

Loading replies...