Even with the stigma of being one of Chicago’s most crime ridden neighborhoods, Englewood has proven to be a neighborhood many investors are looking at helping to turn around.

While the news likes to focus on the negatives, we see the opportunity. There is so much opportunity that USA Today had to write a report on it. Its no surprise though, if you were going to seinars and events back in 2008, 2009, you heard everyone saying this would happen, and guess what, IT IS!

There have been reports that the month of May was worse than April for Chicago Real Estate. The number of foreclosure fillings went up, and there is an estimated 9 month foreclosure inventory. What do investors think of this news? Good? Bad? We let you know our thoughts in this video blog.

So yesterday morning while looking for property, we see this sign on the side of the road. Is this a bit too brash? Would you call it? I think if you are a real estate investor and you are looking to get some calls this….. NOT the way to do it! We posted this on facebook and got a very interesting response. check it out and let us know what you think!

I wanted to write a blog and talk about some of the things I learned when I did my first real estate deal. As you know, I was able to find another investor, sell myself, and get a few properties to market for him. From beginning to end, it took us over more than a month to take a foreclosure and wholesale it for 10K. Reflecting on that very special moment, here are my 5 lessons learned that would be helpful for anyone getting started.