Every experienced investor tells you to define your 'buy box' — the standing criteria that make a deal a deal. Most people never write one down. Here's how to build a buy box for Chicago's north suburbs, why the data says a vague one catches nothing, and how to run it on autopilot so you never miss purchase #2.
Read MoreChicago's north suburbs split into two clear investment phases. Investor-phase cities (Des Plaines 14.6% win rate, Mount Prospect 11.9%, Skokie 7.8%) have deals. Overpriced-phase cities (Niles, Elk Grove Village, Wilmette — 0% win rate) have zero profitable listings. The difference? Median price. Cities under $450K median have deals. Cities above $500K don't.
Read More