60% of Chicago-area residents are choosing to rent instead of buy, a trend expected to continue in the future. The rents relative to the purchase price of the homes are very high in comparison to other areas of the country. The Chicago metro area continues to experience excellent appreciation in rental prices. Chicago is one of only a few markets in the US with high rents and low acquisition prices, especially compared to New York and Los Angeles.
Chicago offers investors a unique and unrivalled investment opportunity. There are several pockets of prime real estate that are completely undervalued. For example, you can purchase a house for $60,000 that would have previously sold for $200,000. This BMV, coupled with high rental demand, means you have the perfect investment tool.
We use reputable real estate brokers in Chicago and have great working relationships with banking institutions, wholesalers, Asset Management companies and REO organisations. This is instrumental in providing our clients with the best cash flowing properties available in Chicago. We also work with one of the top management companies who have over 20 years experience, they are experts at screening and placing professional tenants.