New investor in Chicago

[Einat Menashe]

I am a new investor in Chicago looking network with other investors, learn about the potential return on investment, and learn about C+ neighborhoods which are suitable for investment.

[John Warren]

@Einat Menashe you can most definitely find properties that are over the 1% rule in the southwest suburbs. I routinely sell properties in Berwyn, Cicero and Forest Park that hit anywhere from 1.2-1.5%. Not everything on the MLS works these days, but there are still deals to be had.

The main thing you will probably want to figure out is who will be your manager. Management is probably even more important than the deal in some ways. A bad manager can make a great deal lousy in a hurry (ask me how I know!).