Updated over 9 years ago on . Most recent reply
Looking for Muli-Unit in Chicago
BP Team,
I hope all is well. I'm a new investor looking for a multi-unit property in the Chicago land area. Its been a bit of a struggle finding something in a good area that will cash-flow and is within my budget. I was curious to see if anyone had any suggestions on areas to explore or other options/strategies?
I would sincerely appreciate any feedback!
Warm regards,
Tim
Most Popular Reply
General rule is that anything you see listed is at a price which makes no sense.
If it was listed as a deal there would already be 50 offers on it.
Find a few properties in areas you like and offer them a price on your terms. A price that meets your cash flow goals. Odds are you probably will not get the property but if you try enough times, one will stick. Its a lot of work but worth it.