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Passive Real Estate Investing

Market Spotlight: Chicago, Illinois | PREI 156

Passive Real Estate Investing

Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Education, Business, Investing, Entrepreneurship, How To, Business:investing

4.6968 Ratings

🗓️ 11 June 2019

⏱️ 32 minutes

🧾️ Download transcript

Summary

Chicago real estate is known to be among the most expensive in the US. Despite this, many investors are still attracted to its market. In this episode, Marco is joined by John, one of their local property providers and property managers in the Greater Chicago market as they examine the overall rental market in Cook County. They talk about why we should be investing in Chicago and Cook County and who are the major employers in the area. They note why it is crucial that you know the street itself and the property in general before making any final investment and discuss the price range of Chicago apartments. As they talk about the typical neighborhood classification, they ultimately point out the reasons for succeeding and failing in the single-family rental business. Episode show notes: https://www.PassiveRealEstateInvesting.com/market-spotlight-chicago-illinois Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary    IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you!  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to passive real estate investing, the show where busy people like you learn

0:05.2

how to build substantial passive income while creating wealth for the long term.

0:09.2

And now here's your host, Marco Santorelli.

0:12.3

Welcome to passive real estate. Now here's your host Marco Santorelli.

0:13.0

Welcome to passive real estate investing.

0:16.0

I'm your host, Marco Santorelli.

0:18.0

You know, Chicago has long been one of those major markets we've been able to recommend to our clients where we have

0:23.7

attractive inventory, solid returns, and a good appreciation potential. With me today on this

0:30.5

episode is one of our local property providers and property managers in the greater Chicago market.

0:35.6

We're going to find out what makes the Chicago market such an attractive place to invest in real estate.

0:41.0

But first, here's a quick word from our sponsor.

0:44.0

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0:48.0

Both just happen as part of life. And that means that asset protection is very necessary, but it can also be very affordable.

0:56.0

Corporate Direct has protected literally thousands of clients over 30 years.

1:00.0

And Corporate Direct, I'm proud to say, is one of our new sponsors.

1:04.0

Corporate Direct is owned by author and attorney Garrett Sutton,

1:07.5

who has written the bestseller's loopholes of real estate

1:10.0

and start your own corporation.

1:12.0

And one thing I'll add is that Wyoming LLCs offer excellent asset protection,

1:16.2

offer great privacy and great value. Wyoming LLCs are excellent parents for your other

1:21.2

asset holding LLCs that you have in other states and that's

1:24.0

exactly how I have my asset protection plan set up. So it's critically important to

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