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Updated almost 5 years ago on . Most recent reply

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Michael Harkins
  • Chicago
2
Votes |
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Land of no taxes and high prices to high taxes and "lower" prices

Michael Harkins
  • Chicago
Posted

Stonks Housing prices only go up right? /s 

Jokes and sarcasm aside,I'm MJ, from the Chicagoland originally (NW burbs). I lived in Seattle for a few years, but never pulled the trigger on any investments. I moved back to our lovely state about a month ago, and currently am living in an apartment downtown. I am wanting to diversify my investments as well as get into real estate. I have trickled knowledge into the memory sponge over the years, but still have a lot to learn. I am mainly looking at multifamily and apartments around the chicagoland area. Looking for buy and hold investments that can cashflow. Wanting to connect with like minded folks as business is more fun with friends to do it with. 

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Henry Lazerow#4 Managing Your Property Contributor
  • Real Estate Agent
  • Chicago, IL
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Henry Lazerow#4 Managing Your Property Contributor
  • Real Estate Agent
  • Chicago, IL
Replied

As mentioned above House Hacking is a great option. If you are looking for cashflow I recommend 3 or 4 units in Portage Park, Albany Park, Mckinley Park, Bridgeport and Brighton Park. You also can do 2+illegal 3rd in logan square and make it work pretty well if comfortable with that. 

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