You can make 32% on average on your investment when buying vs renting. You make money over three different time periods: 1. Positive cash flow or reduced expense, 2. Mortgage interest expense & property tax, 3. Principal pay down & appreciation
Making sure your Chicago property appraises for the desired sales values requires two things: Understanding the appraiser’s methodolgy and having a savvy local realtor who knows the neighborhood and current home values better than the appraiser.