Advise for a New Investor

[Jamarius Everett]

Hello everyone, I'm a new investor looking to expand my real estate portfolio in the Chicago south suburbs, preferably Calumet City, with a focus on section 8 rentals. Do you have any advice that would be useful for growing and scaling my portfolio in Calumet City? Specifically, should I focus on using hard money lenders or bank financing when doing BRRRR deals?

[Bo Smith]

Section 8 in south suburbs can be tricky - I'd honestly connect with local property managers first before even picking financing. They'll tell you which streets actually work and what rents look like in reality. Most people jump straight to the money part but those PM relationships are gold. You talking to any managers down there yet?