Hello BP I am new to the community but have done several deals

[Alex B]

Looking forward to learning from you all!

[Lucas Hammer]

@Brian Hosier, it really depends on your approach. I'm under contract on my first deal, but from a lot of advice I've found and deals I've analyzed, buy and hold results in faster cash flow on the South Side in higher crime rate areas. Not necessarily bad neighborhoods, but from B- to D properties after rehab. The cost of housing down there is really low, but rents aren't as relatively low in comparison to the north side.

As far as flips and appreciation, the north and northwest sides are continually going up in value. I've lived in Albany Park on the northwest side for the last 3 years and due to being near the train, the entire area has appreciated a huge amount. Rents are increasing very rapidly and the area has gone from first-generation-immigrant majority to young, college-aged kids who go to school or work somewhere off the train (at least on the east side of the neighborhood). Since the crash, I haven't seen any depreciation in values on the north or northwest sides.

Personally, I'm looking at possibly investing in the Little Village/South Lawndale area on the southwest side, but I'm actually working on learning Spanish first to connect more with the community.