A few months back I created a video, “My first Wholesale Deal”, and described my efforts starting out as a wholesaler. The video apparently has gotten a great number of views and comments! I would like to help others understand what it takes to get a property under their belt. Many newbies in wholesaling forget that its a tough economy and you have to hustle harder than ever.
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.
We have worked with Chicago’s top real estate investors, realtors, and wholesalers in the last few years. We have seen people come and go as you could expect in such a unstable market. Fortunately, we have seen what has made other successful and other investors fail. Whether you are a wholesaler or investor looking to get into the Chicago market, there are rules that will help you get started in the right direction which we will share exclusively with you. Below we have complied five tips that can help you tame the beast that is Chicago real estate investing!
Chicago Investment Property – Single family Home – 60619
Chicago Wholesale Property – Greater Grand Crossing – 2 Flat
Once you have put up your advertising and marketing to attract motivated sellers for your wholesale business, you must know how to take a call and screen potential sellers. You should practice taking in leads at least 2-3 times a day until this becomes natural for you. You will want to make an interview sheet with a check list and space for the answers.
