This multi-family home is a must have for any investor looking for a property to fix n hold. Located between Belmont and Cragin neighborhoods in Hansen Park, this property is surrounded by an elementary school and Prosser High School.
This investment property has a total of 4 units plus 2 in-laws. Each unit has 2 bedrooms and 1 bath. Rent in the area run $850-$950. It is possible to make $60,000 in one year on rent!
Chicago Wholesale Deal: Dirt Cheap 2 Flat! Asking 19.9K ARV: 205K
Chicago Wholesale Deal: Beautiful 2-Flat Greyston in Move-In Condition!
Part 1: How to market property using video online
Marketing Your Investment Property Online Using Video: Pat 1
Did you know that 80% of potential buyers are going online before they ever walk to their car and view a property? That means all real estate investors that are not using the internet are fighting for 20% of buyers!Obviously this signifies the importance of how the web is changing the game.
Check out this great investment deal! This cottage style home has 3 bedrooms and 3 baths with possible in-law arrangement. The basement is finished, only needs some touch-ups.
Check out this great 3 flat frame building in Logan Square! This building is a perfect investment for a buy and hold investor. Section 8 in this area pays up to 1200 for a 3 bedroom apartment. The top two floors have great hardwood floors and only need a buff and shine.
This is a gem! Previous owner had it tuck-pointed, installed a new porch, and installed air ducts with vents still in place! The second floor is a 3:1 with the kitchen, bathroom, and floor needing most of the work. The 2nd floor needs a bit more dryway on the cielings, and the ktichen and bathroom also need to be redone. This investment sports an unfinished basement.The basement has water heaters in tact, as well as the new forced are system. This beauty has a newly built fence around the sides, but needs a new fence in the back yard, and the front. We estimate the repairs around 45k.
The foreclosures , the short sales, bank owned property (REO’s), auctions, homes for sale, homes for wholesale prices, discounted property , etc, etc, etc. So what should we do, I am talking to real estate investors , first time home buyers … To those not inclined to be involved in real estate investing , I respect your decision. Just expect that you will not gain the sizable rewards of those willing to go forward, take the risk, and assume the consequence of their actions. …
Five Things Investors Should Consider For Their Rentals
Location to Public Transportation
Many people who live in Chicago are not immune the financial mess going on throughout the country. As such, people are looking to save and gas is one of the first places tenants look at. Chicago residents of Logan Square, Lincoln Park, and Wicker Park use the EL to get to work and back, so having this close must always be promoted. Many tenants have a 4 block threshold for walking when it comes to the L, if that!
If you are a landlord, one of your biggest issues can be high turnover and vacancies. Many investors are great at buying buildings, fixing them up and putting up “for rent” signs but they are not great at marketing the units. What good does it do to have a beautiful building but nobody in them? It’s pointless! For a while now I have been helping investors and property management companies with their marketing in order to find tenants faster, and ensure that they are low risk.
