You contribute to homelessness. I do too. The problem goes right through real estate.
Factors include: NIMBYism, minimum wage, salamanders, smoke detectors, and rent control.
(Complete transcript on homelessness segment below.)
Then, Chicago is a world class city with lots of economic diversification. Chicagoland’s numbers make sense for real estate investors.
In northwestern Indiana (suburban Chicago), you avoid the high cost of Illinois property.
A typical SFH has $1,350 rent and a $125,000 purchase price.
If you’re serious about building your cash-flowing portfolio, learn more and see property at: www.GetRichEducation.com/Chicago
Resources mentioned:
Chicagoland turnkey property:
www.GetRichEducation.com/Chicago
Environmental regulations & housing:
https://www.huduser.gov/periodicals/cityscpe/vol8num1/ch5.pdf
NIMBYism:
Mortgage Loans:
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Welcome to Get Rich Education! I’m your host, Keith Weinhold, with a two-part show.
Real estate is a substantial input into homelessness. Why are people homeless - and why might you & I be partly RESPONSIBLE for it, in fact?
The second part - in general, world class cities don’t make any sense to invest in for cash flow - New York, LA, DC, London, Singapore
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