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Updated over 6 years ago on . Most recent reply

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Kendra L Lee
  • Dallas, TX
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Advice on Englewood Property

Kendra L Lee
  • Dallas, TX
Posted

My name is Kendra and I am interested in buying a property in West Englewood neighborhood in Chicago IL.  I am located in Dallas, TX.  The property is affordable and I can fix it up to add equity and increase revenue.  I am nervous, mainly because this is new to me, but I am confident that I can do this.  Can anyone share advice on managing properties in a not so nice neighborhood?  Whether or not I should jump into an apartment building that needs to be rehabbed on my first deal, even though it is income producing?  Any advice about rehab funds in Chicago or folks I should reach out to in order to successfully make this happen?  Any information, contacts, and advice is greatly appreciated.

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Crystal Smith
  • Real Estate Broker
  • Chicago, IL
1,718
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Crystal Smith
  • Real Estate Broker
  • Chicago, IL
ModeratorReplied
Originally posted by @Kendra L Lee:

 Whether or not I should jump into an apartment building that needs to be rehabbed on my first deal, even though it is income producing?  

It's not a good idea for your first deal to be an apartment in Englewood.  

  • Crystal Smith
  • 3126817487
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