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.
I get asked, “what do you need when you are looking at investment properties to wholesale?” And the answer is simple, a lot of tools! Having a sign is not enough, you will need signs, drills, flashlights and more. Check out the video we made when going out to properties in Chicago on what tools we take with us regularly.
Mistakes Made by Chicago Real Estate Wholesalers. Here are 21 well thought out tips and common mistakes that many wholesalers should take into account. Real Estate investing and wholesaling in Chicago can be very profitable, but many fail to understand how to spot a deal, know numbers, estimate repairs and so on. Here is our list.
Local chicago wholesaler makes $2,000 using our help! We also want to highlight 5 tips when looking at real estate investing opportunities in and around Chicago. Find out what specific type of house to avoid, the importance of basements, and other tips regarding our investing world!
We have had some rough experiences with many wholesalers in the last few months. Too many are missing the mark when it comes to pricing and actual KNOWLEDGE of our city. We receive emails everyday, or almost, about new deals throughout the city. Many of the properties we see are NOT wholesale deals!! The frustration from both our team and our cash buyers have led us to make this quick blog about what wholesalers need to know regarding this business, in this market.
Here are 5 tips that will help you get deals other investors do not know about. You can go on the MLS all you want, but the real deals are the unlisted, for sale by owner deals. Using these tips, you can get started right away and start getting calls!
Nowadays it seems as though there is too much information available for anyone in any particular field, at any given moment. Right now you can Google the words “real estate investing”, or “Chicago real estate investing”, and you will turn up thousands if not millions of pages with content. How can a investor keep up with so much information? Learning to navigate the waters and knowing what you want takes time, but can benefit your deals in the future. I have come across a few tools that may help filter the info overload.
