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Real Estate Investing Forums  |  Real Estate Investing  |  Bird Dogs, Wholesaling, Flipping Properties Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: ANY WHOLSALERS IN CHICAGO, IL HAVING SUCCESS « previous next »
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4R Management
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« Reply #15 on: October 09, 2008, 08:19:48 AM »

South Shore is a nice area. There are many ways to find actual end buyers. Just think about what kind of buyers you are wanting to find, and think about where they would be. Simple as that.

As to not going under contract until you have an exit. I applaud you. To many wholesalers think the property is the key. NO the person that pays you is your customer and that is key. You need customers!
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Ryan D. Steele
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« Reply #16 on: October 09, 2008, 12:25:28 PM »

htjohnson

I have a couple of buyers that I did business with in the past in that area.
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« Reply #17 on: October 09, 2008, 01:03:57 PM »

thanks pjm
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« Reply #18 on: October 09, 2008, 03:42:13 PM »


Please do not network within the confines of the Forums.

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I have CDO...it's like OCD but in alphabetical order - the way it should be!
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« Reply #19 on: October 10, 2008, 08:28:55 AM »

You need to focus on building your buyer's list first. That way you'll focus all of your efforts on what they want, ensuring your success.
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Hassan Omar
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« Reply #20 on: October 13, 2008, 06:34:10 AM »

I agree with you hassansr I'm in the process of doing so now. Building a new and better buyers list, most of my buyers in the past either are not buying now or putting things on hold. I know there are still some investors out there buying and I have to just find them. Then go out and hunt the deals that they are looking for. I totally agree with hassansr thats very important.
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« Reply #21 on: October 15, 2008, 08:26:59 AM »

That is not only the right approach, but a great attitude. The real true investors realize this is the time to acquire property, so they are out there being active. Just find those buyers.

It was great seeing you at the meeting on Oct 2nd. Look forward to seeing you on November 6th as well.

Keep it up!
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Ryan D. Steele
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Joe-Chicago
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« Reply #22 on: October 16, 2008, 04:12:50 PM »


I am also in chicago ...  well the western burbs.  WCRT is the place to be.  many people to network with and do deals with.   Ryan's put together a good club.  I'm doing about 10-15 offers on MLS properties a month.   I'm new myself so still learning the ropes but I work with an investor that I try to birddog deals to. My offers are 65% - repairs in today's market.   Almost had a deal in Addison last month but someone was willing to pay 10K more.  May have been an owner occupant.   

I echo what others have said in regards to having your buyer(s) lined up before you even make offers makes life a ton easier.   ALMOST fool proof.
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« Reply #23 on: October 17, 2008, 10:00:24 PM »

Joe

Sounds like you are having great success, thats good to hear. Having a strong buyers list is very important can't stress that anymore.
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« Reply #24 on: October 19, 2008, 02:02:50 PM »

Using the option contract and listing the property on the MLS. Also may consider round robin best bidder sale, craigslist, other investors.
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Real Estate Investing Forums  |  Real Estate Investing  |  Bird Dogs, Wholesaling, Flipping Properties Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: ANY WHOLSALERS IN CHICAGO, IL HAVING SUCCESS « previous next »
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