Updated almost 10 years ago on . Most recent reply
Bought my first BRRRR, a two unite 3/2 in Woodlawn/Chicago
I have flipped a few houses, but wanted to try keeping and renting. I just closed on a jumbo two unit in the Woodlawn neighborhood of Chicago. 2 3/2's. First floor is in pretty good shape, and the second floor needs some work. As a bonus, I found a secret safe on the second floor behind a sliding panel! Unfortunately, the safe is empty. The guy who owned the building in the 40's-60's apparently was involved in "the numbers". If I can figure out how to post pics, I will do so. I might start a blog here on the site to show progress. Thanks all! Derek
Most Popular Reply
Congratulations. I would love to know the price point you are operating at in that neighborhood. I like to compare and contrast for my area (Northside) and see how the numbers play out.