All Forum Posts by: Colin Graveen

@Arman Ahmed thanks for the advice! I'll have to exoand my search area since I was pretty targeted in my search. 

@Nadeem Alamgir I appreciate it. I'll check out what you're talking about with Zillow. 

@Stevan Stojakovic thanks for the information

I'm currently looking at purchasing my first rental property and have found that the area I am interested in purchasing in, doesn't show many, or really any, rent comps for SFH. Because of this, I am having difficulty measuring what rent would be enough to still cash flow as well as not to price myself out of the market while I'm analyzing properties. Has anyone else run into this when they started out?

I am interested in buying a multi family property in the northwest suburbs of Chicago, IL, however, I have heard negative comments about buying investment properties in Illinois due to high property taxes. Does anyone who has rental properties in Illinois have any insight to whether the is true or not? Thank you!

@Jason Carter I appreciate the advice!!

I have been looking around at different single family properties available, however, I seem to be finding many that have 3 or more bedrooms and only one bathroom. I am still new to all of this, but I feel like that is a major draw back. Should these be properties I stay away from if I am looking to flip them? Or is there an alternative such as renovating/adding another bathroom to the property if the space allows for it? Any help would be appreciated!

@Mark F. Thank you very much for the referral! I will be sure to reach out to Joe soon.

Hey @Stephen Chaney! Thank you, I am excited to see where this takes me!

@Harjeet Bhatti @Zack Karp @Dmitriy Fomichenko @George Skidis Thank you for the pointers! 

Zack, with you being in the area, are there any lenders you would recommend?