Naperville, IL · Member since 2017 · 29 posts · 8 votes
Have been looking at some properties in Joliet.... is anyone familiar with this area? How are the tenants? How is the rental market? Ive looked on zillow and there is not much for rent.... is it because they are snatched up so quickly or because no one rents there? Thank you i look forward to your wisdom!
I like it i just dont want to get stuck with something no one wants.... i see some real run down homes going for under 75k... would love to fix one up and post it for sale or rent! Whichever comes first? Lol
I like it i just dont want to get stuck with something no one wants.... i see some real run down homes going for under 75k... would love to fix one up and post it for sale or rent! Whichever comes first? Lol
I agree with @Account Closed . Property analysis and market analysis will be key parts of your overall strategy.
Educated investors will do well. I know a bunch of 'em who are.
I own 40+ homes in Joliet. They are always rented and when a tenant does move out I will have the property rented within a week. As for bad tenants - this can happen, but for the most part we have had very good luck. The eviction process is will county is very easy, as well. The entire process from start to finish is 4-5 weeks.
wow thanks for the info guys it definitely boosted my confidence! I aspire to own half as many home as you do Bob Green!!!! Totally inspiring. Im going to look at a house in Mchenry this weekend.... Priscilla i like the downtown area especially since it has a casino. :D