New to BP and Investing - Chicago and Northwest Suburbs

New to BP and Investing - Chicago and Northwest Suburbs

New to Real Estate · Itasca, IL · Member since 2018 · 5 posts · 3 votes

Happy Friday and long Labor day weekend to all! I'm new to RE investing in Chicago's Northwest suburbs. Looking to learn and invest first few properties near where I live before considering out of state investments. Planning to invest in BRRR and hold-and-buy rentals in ideally 2-4 units or SFH. Look forward to networking with like-minded investors and partners in the journey.

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  • Investor · Chicago, IL · Member since 2020 · 35 posts · 25 votes
    6y

    @Sam Patel welcome to BP! I'm also a new investor in the Chicago area and am super excited to get started :) I've already made a lot of connections through BP just over the course of a day or two, so I am sure you will do the same. Best of luck to you! 

  • Mark AinleyBusiness Member
    Property Manager · Roselle, IL (Chicago Suburb) · Member since 2013 · 2k+ posts · 1k+ votes
    6y

    @Sam Patel Welcome to BP...I grew up in Addison not far from you and our office is in Roselle.  Reach out anytime if you want to talk stratagy.  There is tons of opportunity here especially if you are local.

  • Flipper/Rehabber · Memphis, TN · Member since 2020 · 758 posts · 285 votes
    6y

    @Sam Patel

    Welcome to BP! I'm a turnkey provider from Memphis TN.

  • Jonathan KlemmBusiness Member
    Moderator
    Contractor · Chicago, IL · Member since 2016 · 4k+ posts · 2k+ votes
    6y

    @Sam Patel - Welcome to the BP community!  You'll find a ton of great references and connections here.  Itasca is definitely a decent buy and hold market.  Do you have a specific price range you are looking at? 

    Let us know what we can do to help you get going.

  • New to Real Estate · Itasca, IL · Member since 2018 · 5 posts · 3 votes
    6y

    @Jodi Taylor Thanks and same to you. Happy to connect in the future to exchange ideas. Best of luck in your journey as well.

    @Mark Ainley Yes, I’ll reach out to connect with you soon. Happy to hear your thoughts based on your experience in the Chicago / surrounding suburbs.

    @Jonathan Klemm Thanks for reaching out. I’ll message you shortly.

    @Aigo Pyles Thanks for reaching out. I’m not looking outside Chicagoland area for now. I’ll keep you in mind for future.


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