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All Forum Posts by: Marcus Craighead

Marcus Craighead has started 1 posts and replied 3 times.

Post: New kid on the block

Marcus CraigheadPosted
  • Homewood, IL
  • Posts 3
  • Votes 0

Hey Mr. Burdick, i really don't want to restrict myself so, anywhere in the Chicagoland area or northwest indy for starters will do.  Just want to be in a good low vacancy area where the taxes aren't too rich for my blood

Post: New kid on the block

Marcus CraigheadPosted
  • Homewood, IL
  • Posts 3
  • Votes 0

Hey guys, first and foremost I want to thank for your responses and welcomes. @Mr. Solomon I would love to find a nice 2 unit building with minimum upgrades and in fha shape.  @Mr. Fraher, yeah I am in a definite search of a lender and broker who can understand the mind of a new investor and what comes with it. I definitely have some areas out here in mind but I get pretty discouraged by the high property taxes that are associated with some of the townships in the south suburbs.  Is it possible to start off with acquiring properties without being limited to a certain area?

Post: New kid on the block

Marcus CraigheadPosted
  • Homewood, IL
  • Posts 3
  • Votes 0

Hello everyone, my name is Marcus Craighead, im am new to the BP group and the investment world. I currently stay in the south suburbs of Chicago, looking to buy my first investment property, because i believe real estate investments are the way to go if I want financial freedom for my family and I. I have read almost all of creator of the "Rich dad poor dad" books (I refuse to butcher Rob's last name lol) and listened to a hand full of podcasts from Bigpocs, still trying to figure out where to start. Do i need to get a trustworthy team consist of realtors,contractors, lawyers, lenders, and cpa together first?  How can i get finance for the "Brrrr" method? And how can a investor tell if their property is in a great area for very low vacancy rate in the next 10+ years? Some many other questions i cant list on here but i would just love some advice on the next steps i need to take on getting that first illusive property. They say the first investment property is always the hardest to get, can anybody out there help me get over this hump? Thank you BP gang