New Chicago Member

[Ryan Maes]

Let me first say real estate investing has been a dream of mine for a long time. I just joined not long ago after a friend recommended me to this website. After listening to several podcasts and reading The Ultimate Beginner's Guide within the past week, I am really excited to continue learning and can't wait to "get some skin in the game". 

I'm currently living in the city while I have some family in the 'burbs. From anyone's experience, is a buy and hold strategy easier in the city or the suburbs? I can see the added value of investing in the suburbs but at the same time (as a millennial) I am envisioning greater long-term opportunity in the city since most millennials prefer urban dwellings.

I, myself, graduated a few years ago and still have some student loan debt, so I would prefer something that isn't terribly capital intensive. Maybe that sounds counterintuitive to what I am leaning towards? Having a full time job, I'm not too sure on the viability of other REI strategies until I gain more hands-on experience.

Ideally I would prefer to gradually build a portfolio and start bringing in cash flow to fund future projects (whether that's buy and hold or if I decide to try out other REI options). What are your thoughts/experiences? I'm an open book!

Thank you!