All Forum Posts by: Jennifer Bayon

I'm noticing more and more "For Rent" signs in the area, even a rent promotion (free month's rent) on a huge multifamily in Libertyville. Any insights from area landlords on how the rental demand is?  Curious if the hot real estate market is increasingly moving people out of rentals and into home ownership?  Thanks in advance!  

I'm noticing more and more "For Rent" signs in the area, even a rent promotion (free month's rent) on a huge multifamily in Libertyville. Any insights from area landlords on how the rental demand is?  Curious if the hot real estate market is increasingly moving people out of rentals and into home ownership?  Thanks in advance!  

Thank you for the reply.  @Zach Karp, @Jonathan Klemm, Correct, they are not affiliated with Chase Bank, and I was asking because I've been on their mailing list and seeing some opportunities.  Wanted to know if anyone has had experience doing a purchase with them and used their services on rehab, refinance and finding tenants.  @Brie Schmidt - thanks for the insight on their GC work.  

Hi - Has anyone worked a flip or buy/hold with Chase Foreclosure? Any insights you can share?

@Doug Anderson and @Lorenzo Rojo - thank you for the replies.  Appreciate your sharing your experiences. 

@Brian J Allen Thanks for the reply.  Could we set up time to speak tomorrow, Fri, Oct 22?  Thanks, Jen

Welcome!

Hi – I’ve been a wannabe for years, obsessively looking at listings, and joined to overcome my analysis paralysis. I recently lost my job due to Covid and now have the time and energy to educate myself on the process and most importantly, the numbers to make a new deal.

I discovered Bigger Pockets via the podcasts, and hooked ever since. I took on the Pro membership and have committed myself to this path. My RE experience to date (other than buying my own home) has been fixing up and renting out my partner's home when we consolidated households earlier this year. Moving forward, I'm focusing my searches in 2 markets (Lake County, IL and Worcester, MA). For Lake County, IL - looking to "Buy and Hold" single family homes and/or townhomes to start. I've been schooling myself on the BRRRR method, though cautious that it may be "too good to be true." (I expect to get some heat for that comment!) For Worcester, MA - I'm interested in "buy and hold" for single or small multifamily. Worcester is on my radar as it's where I'm from and I have local support.

As I embark on this chapter, I’m eager to connect with other more advanced “newbies” on how they got started, especially those that don’t currently have W-2 income.

Thank you!

Jennifer

@Edgar Gascon Thank you so much for your reply and review!  I'm looking to be financially independent and get the cash flows going.  Thanks again, and have a great day! 

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*This link comes directly from our calculators, based on information input by the member who posted. 

Hi - This place has been on the market for 11 months ... original listing price was $315k, and now asking $237.5k. I want to consider offering max $200k.  It is on a very busy street, which concerns me for rental potential, though it is a crappy house in decent shape in a very desirable town with sought after school system.  Very few rentals in the market and currently empty. Thanks in advance from a rookie.