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
New Member Introductions
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 2 years ago on . Most recent reply

User Stats

5
Posts
7
Votes
Eric Hernandez
7
Votes |
5
Posts

Newbie in Chicago here!

Eric Hernandez
Posted

Good afternoon Biggerpockets community! As many have done, I spent a few years in the analysis/paralysis phase but my wife and I finally pulled the trigger on a single family house with a rentable basement in Irving Park in October! We’re currently self renovating to accomodate a W/D for our future tenants. I’m looking forward to learning from everyone on here! Chicago is full of opportunity!

Most Popular Reply

User Stats

270
Posts
151
Votes
Victor So
  • Real Estate Agent
  • Chicago, IL
151
Votes |
270
Posts
Victor So
  • Real Estate Agent
  • Chicago, IL
Replied

Amazing @Eric Hernandez! Congrats! I started househacking 5 years ago and still househack. I acquired 10 doors this way. Keep in mind, you can also go the short term rental route for your basement since you live in your home. It’s super easy to get a license if you owner occupy. Once you leave though, the mid term rental strategy is the way to go! 

  • Victor So
business profile image
Second City Real Estate
5.0 stars
14 Reviews

Loading replies...