Posts Tagged ‘Chicago Real Estate Investments’

Solid 6 Unit with 2 bed/1Bath Per Unit – Chattam

Solid 6 Unit with 2 bed/1Bath Per Unit – Chattam

Chicago Wholesale Property – Auburn Gresham 2 Flat

Chicago Wholesale Property – Auburn Gresham 2 Flat

Why Wholesalers and Investors Should Get Their License

If you are a wholesaler or working with one, or just researching this niche in real estate [chicago wholesale property] for yourself, you will come across many uninformed individuals who will tell you that having a realtors license is needed to wholesale. These people are wrong and misinformed. They just don’t want you to promote yourself as a real estate advisor or consultant unless your licensed, which is what they are trying to tell you. Just remember this, as a wholesaler you are acting as a buyer and any contract is assignable to another person. Simple as that.

The Two Types of Motivated Sellers All Wholesalers Should Find

When wholesaling real estate, you must know who you’re targeting. While it is obvious that you must always be targeting sellers and buyers, what most guru’s do not stress is what type of buyers or specific sellers. If you think that you can put up a few advertisements alongside the road and in the grocery store and get a 20K deal, you’re wasting your time. Having a schedule for sending mail pieces and posting advertisements is critical to your success. You should have a laser-like focus on finding motivated sellers. The following are just two specific groups of sellers you should market too; in fact, these are the only ones you should market to for great deals.

Five Things to Know When Putting Together a Wholesale Deal

Five Things to Know When Putting Together a Wholesale Deal

When you start your wholesaling business, or whatever real estate niche you are in, having buyers wll be your blood line. In theory, wholesaling is quick, easy, and full of dancing care bears in the clouds, but in reality, if you are working solo and just got a course, there are a few things you need to know. Wholesaling is fun and rewarding, but take time to do your homework and sharpen your sales skills. If you have not experienced a seller or buyer walking away from a deal, or having attorneys belittle you, just wait because it will happen eventually. The following are just some small tips you should print out and put in a binder with your course.

AMAZING WHOLESALE DEAL IN ROLLING MEADOWS! 5 bedroom 2 bath home!

AMAZING WHOLESALE DEAL IN ROLLING MEADOWS! 5 bedroom 2 bath home! 50K Est. Profit!

South Side Chicago Wholesale Deal:PRICE REDUCED TO 42.9K HUGE PROFIT POTENTIAL! 4 Bed 2 Bath!

South Side Chicago Wholesale Deal: INVESTOR DREAM, Brick 2 Flat, 4 Bed 2 Bath! Est. Profit: 100K

**************NOT AN REO!*****************

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Wow, what an incredible deal! This is a true Wholesale Property that is guaranteed to CASH FLOW! Each unit will rent for $800

The building repairs are estimated at 15K, which is mostly cosmetic.

The Breakdown:

Asking: 42.9K

Repairs: 13-16K

ARV: 175K+

Rent: $1,600

Potential Yearly Income: 19K+

Chicago Wholesale Deal: Belmont Cragin 4 Legal, + 2 In laws In Attic.

This multi-family home is a must have for any investor looking for a property to fix n hold. Located between Belmont and Cragin neighborhoods in Hansen Park, this property is surrounded by an elementary school and Prosser High School.

This investment property has a total of 4 units plus 2 in-laws. Each unit has 2 bedrooms and 1 bath. Rent in the area run $850-$950. It is possible to make $60,000 in one year on rent!

Chicago Wholesale Deal: Dirt Cheap 2 Flat! Asking 19.9K ARV: 205K

Chicago Wholesale Deal: Dirt Cheap 2 Flat! Asking 19.9K ARV: 205K

SFH Wholesale Deal in West Humboldt: Est. Investment: 63K ARV: 170K! Huge Profits

Check out this great investment deal! This cottage style home has 3 bedrooms and 3 baths with possible in-law arrangement. The basement is finished, only needs some touch-ups.