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Are there any experienced investors around here? I am in either town every day and I'd like to connect sometime! I don't know really anything about real estate investing In the real world, I read bigger pockets every day, but iv never actually met anyone who's actually out there getting it done. I really want to live out my goals and I believe REI is the way, so I'm trying to learn everything I can.
Investing in the Chicago South Suburbs depends on your strategy. If you're investing 100% for cash flow & intend on holding the property forever then it's just a matter of running your numbers for rent minus expenses to see if you can hit your target profit margin. If however you're concerned with cash flow & potentially selling your property later w/ either a small appreciation in price or at least no reduction in value then you need to be careful where you invest in the South Suburbs.
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