All Forum Posts by: Bradley Calvin

@Alexander W. welcome to BP! Please feel free to reach out with any questions. I graduated about 2 years ago as well, and was looking to house hack just as you are (live in one unit, rent out the other(s)). BP provided invaluable help which lead to my first property, a fourplex in the NW suburbs. 

I want to share some great resources I saw @Dmitriy Fomichenko  provide to a new member, which should help you get started. 

Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meet
Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts
Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing
Check out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/

If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box. He or she will be notified of being tagged so that the conversation will continue.  

@Angela Neufeld welcome! Finding BP was literally a life changer for me in so many ways. I'm excited for you to experience the positive impact it will have on your investment knowledge and life in general! Please feel free to reach out if you have any questions, concerns, or just want to chat about RE. 

@Matthew Paul thank you for sharing! 

In looking for a property to fix and flip, I came across a property in an unincorporated area in a desirable town. The house has a private well water system. Based on the comps in the area, it's not a good deal, but it made me wonder if other rehabbers consider private well water systems a red flag to stay away from, or just something to account for in the analysis (longer TOM on the sale side maybe?). Would you stay away from unincorporated areas in general, or is this a non-factor?

Any shared experiences would be much appreciated!

Hello BP Community! 

My business partner and I are finally settled in and have our first multifamily property running smoothly. We are now looking to flip a SFR in the area. Does anyone have any recommendations for great hard money lenders in the Chicago-land area? I know there is a list on BP, but we're looking for feedback on lenders with which investors have enjoyed working.

Any recommendations or guidance would be deeply appreciated. 

Hi @Jackie Badiali! I know that this investors association sometimes has their meetups in Algonquin. There's even one today at the public library at 2 PM! 

https://www.meetup.com/Chicago-Real-Estate-Investo...

I'm not able to go to this one, but I do plan to attend in the future! 

@Jun Ku - welcome to BP! I'm sure you'll realize almost immediately how resourceful the site can be and how many investors and real estate pro's in your area are willing to help out! 

Here is a nice little article that will give you some things to think about (for example your investment goals) and will help inform your decision making: How to Choose the Best Markets for Real Estate Investing

I wish you success! 

Hello BP!

I'm currently looking for 3-4 unit property which would be eligible for an FHA loan. My girlfriend and I want to stay close to work and home (Itasca, Addison, Elk Grove, Bloomingdale, and the surrounding towns), but the inventory on the MLS is limited.

What are some marketing strategies that others are having success with for finding non-commercial multi-family properties? Thank you in advance for any ideas or guidance!

@Chris T. - thank you for this great information. I'll absolutely keep all this in mind.