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All Forum Posts by: Austin Weiss

Austin Weiss has started 0 posts and replied 2 times.

Post: Multifamily in Illinois (Woodridge, Lombard, Lisle areas)

Austin Weiss
Posted
  • Chicago
  • Posts 2
  • Votes 2

This guy knows the western suburbs - https://www.youtube.com/channe...

Post: 1st step to rental income guidance

Austin Weiss
Posted
  • Chicago
  • Posts 2
  • Votes 2

@Vivek Desai it really depends if you have the energy to maintain the exterior of the home - if not, then a condo/townhome would be a pretty good option if the complex allows rentals (have your real estate professional check this for you). In the Naperville area, single family homes tend to appreciate better and you can find tenants quickly as the school systems are highly rated. I come across properties daily that I feed to my investor clients that have $200/mo in cash flow w/ 12% cash-on-cash return. There are pockets of neighborhoods in surrounding towns to Naperville that are ideal for investing $200k> - just need a local expert who knows where to look and can help you achieve your real estate goals.