How did you grow your portfolio?

[Quentin Mitchell]

How are some ways that you were able to grow your portfolio to where it is now and how you will you continue to grow your portfolio in the future?

[Bob Green]

Hello Quentin,

I started by attending local real estate meet up groups where I met and networked with investors who shared their knowledge. At these meetings I also met wholesalers, and multiple real estate brokers who concentrate on investment real estate only in specific markets.  Through these sources I learned about the different markets and started to by foreclosed and distressed real estate through them.  I was fortunate enough to be introduced to one of the largest foreclosure brokers in Illinois and have acquired several properties through this firm too.  I have been using the brrrr method for years and have been recycling the same funds for the past 10+ years.   My network of real estate brokers, wholesalers, contractors and various lending sources have mostly remained the same.  I believe in maintaining loyal business relationships.

Currently I am acquiring buy/hold properties in southwest suburbs of Cook County(section 8) and in Will County.  I am looking to invest outside of Illinois - specifically in Indianapolis.  Before investing in this market I will be attending several real estate meet up groups in this area and align myself with solid professionals who live, work and invest in this market. Similar to the way I started in the Chicago market.  BP is a great source for building valuable relationships with real estate professionals in other markets as well.