All Forum Posts by: Martin Vehlow

@Aaron Bruns, varies widely depending on the market. Real estate is local local local. What are you looking to achieve?

Hey @Lee Grimes, welcome to BP! One possibility, depending on the markets and numbers, you could buy a small multifamily and house hack, then once you leave you rent it out and make cashflow while you're gone. Or could consider trying Airbnb! 

Hi @Gina Cook, welcome to BP! I'm sure there's a reason it's so low, if you can find out what it is AND have the capability to solve it AND the numbers make sense, it doesn't hurt to try! We get paid to solve other people's problems, in a market like this!~

Welcome to BP, @Ryan Lauretta! I don't have experience with long distance investing, but I do know there is a decent amount of B/C single family housing here in the N & NW suburbs of Chicago. Huge need for affordable housing as well. Wish you all the best!

Welcome to BP, @Josh Best! Way to go on paying down so much debt, I would encourage you to pay off the debt first, then you'll have that much more extra each month to use for investing, plus your debt-to-income ratio will be better for lending purposes. Lots of great opportunities in the NW suburbs of Chicago as well!

@John Warren may know of a good one!

@Bron James, IMO it's a desirable area for affordable rentals!

Welcome to BP, @Corey Key. Interesting situation, you could sell it to the church and make a quick profit which then you could use to fund further rentals in perhaps a more desirable rental area. Have they given you an offer? 

How old is the house, how is the well/septic?

@Rochelle Thea Fabrizio, that's awesome about your move here! I'm a lifelong resident of Lake County and am quite familiar, and I love Wauconda. I sent you a PM as well.

This is super exciting, great job @Rochelle Thea Fabrizio!!!