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.
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.
or real estate investors, the 2016 Olympic Games in Chicago mean one thing and one thing only, BUSINESS! Some will argue that if the city does not win the bid, then not much will happen. Not true. Irrespective to whether or not Chicago gets the Olympic Games for 2016, the city will redevelop the south lake and south shore area
