All Forum Posts by: Sebastian K.

I am trying to get my real estate license in Chicago and was hoping to get everyone's thoughts on which site/college/etc to use to get my education and take the test.  I have been directed to Your House Real Estate Academy and I like them but before I decide to go ahead with them I wanted to get everyone's take on the subject.

Thanks,

 Sebastian

@Brie Schmidt  Great story! I love reading your posts they are truly inspirational! 

Hey guys-

I am a newbie so I am not sure how to get one started but I am willing to help anyone who is willing to get the ball started! 

@Frank Woodin @Mark Ainley  thanks for the great info!

@Mark Ainley  - thanks for the info. How did you get started out in the suburbs? 

All-

I was hoping you all can help stir me to the right direction. I am new to BP and the REI world. I am currently reading a bunch of material and I am trying to create my first version of my business plan. I currently have a 9-5 job that I love, however, after purchasing my first SFH I fell in love with real estate.

I know that I want to get into the buy and hold sector of REI and that I want to concentrate on multi family homes. Before moving to the suburbs for work, I lived in Chicago for awhile and I know that Chicago will always have a high renters market. However, I currently live about 45 min north west of the city and due to where I live and this being my first rental purchase I need help with the next step of my plan. The questions are: 1. is it risky to buy a property to rent out in the north west suburbs? I ask this because I feel if you move to the suburbs you are basically moving to buy not rent in most cases. My second question 2. is with me living in the northwest suburbs and having a corporate job, should I be as close as possible to the property aka would me buying a place in Chicago be too far for a newbie?

Any advise/suggestions would help.

Thanks.

@Jay Hinrichs That's good info thanks. My buddy owns a real estate business and does flipping on the side so I am going to talk to him as well! Thanks everyone for all the great information this helped a lot!

@Brie Schmidt - I plan on doing buy and hold investing as of now. I listened to your podcast and it is quite inspiring! I know Chicago has a big renting community but do you believe that the northwest suburbs is a good market to get into as well? I am currently doing a lot of research right now but do you have any advise on a newbie like me trying to enter the world of REI?