New Member Introductions
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal



Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago on . Most recent reply

New Member from Chicago, IL
Hi, My name is A.J. Sporinsky, I've been listening to podcasts and reading articles and blogs for a few months here and I'm ready to actually dive in and become a member of this community. I currently work as a software engineer in Chicago, and have lived here for almost 7 years. I've been thinking for years that I should really buy a multi unit rental to live in, and see how close I can get to living for free and to build passive income, but I haven't pulled the trigger thanks to a feeling of not knowing what I was doing well enough.
Since the summer I have been looking at properties with an agent, and made an offer or two that didn't go through (in retrospect now that I have a better understanding of financial analysis, thank goodness ;) ). I want to work towards financial independence, and I really do enjoy looking at properties and think I will really have a great time doing this. So far I think my plans are to do a combination of buy and hold multi family rentals, and possibly a few multi family fix and flips when that type of deal is there. I plan to supplement with the occasional normal SFH flip to generate more revenue in order to more rapidly accumulate rental units.
I'm hungry to learn, and hungry to network and super hungry to start buying properties. If you know of a great book that I need to read, please let me know, I have read plenty but am always looking for more. Chicago people, is CAREIA in Lisle the REIA I should be looking at, or are there others I need to know about? I want to start attending meetings as soon as possible to meet people and hear their stories.
Most Popular Reply

Well it only took me three tries to figure out the mention system. Thanks again @Jerry Stanford