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Updated over 7 years ago, 04/06/2017

User Stats

34
Posts
7
Votes
Jacob Elbaum
  • Deerfield, IL
7
Votes |
34
Posts

Looking for seasoned multi family investor

Jacob Elbaum
  • Deerfield, IL
Posted
Hello, Does anyone know any big time multifamily investors in IL? Doesn't need to be Chicago - just any part of IL. Really looking to find someone that I can learn from and will be comfortable with me helping them out on the side at no cost. I have a strong marketing background which can definitely be an asset to anyone investing in real estate. Thank you!

User Stats

254
Posts
265
Votes
Bruce Petersen
  • Rental Property Investor
  • Austin, TX
265
Votes |
254
Posts
Bruce Petersen
  • Rental Property Investor
  • Austin, TX
Replied

I'm from Texas but most "big time" investors won't need your help.  I know you're trying to offer value in return for knowledge and that's great but most of the larger guys don't need or have time for this type of arrangement.  

I would start buy trying to connect directly with someone and offer to buy them lunch and work on developing a relationship first. 

I would not be real happy with having someone I know giving you the hook up with me.  Do some homework on this site and make your own connections, you'll likely have much better luck this way. 

Just my opinion. 

User Stats

478
Posts
388
Votes
Chris Tracy
  • Specialist
  • Plainville, CT
388
Votes |
478
Posts
Chris Tracy
  • Specialist
  • Plainville, CT
Replied

@Jacob Elbaum- If you want to put your name on the map... Do this:

1) Bring the big guys deals and don't be greedy asking for a 5% fee like everybody else does.

and/or

2) Become proficient at underwriting and offer to help that way

All big guys are looking for deals and I don't know anyone who couldn't use help with tedious number crunching.

Will these strategies take time? Of course...

But these 2 are the ones that will move the needle at the end of the day.

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User Stats

34
Posts
7
Votes
Jacob Elbaum
  • Deerfield, IL
7
Votes |
34
Posts
Jacob Elbaum
  • Deerfield, IL
Replied

Good point. Thanks for the feedback!

User Stats

1,405
Posts
864
Votes
John Leavelle
  • Investor
  • La Vernia, TX
864
Votes |
1,405
Posts
John Leavelle
  • Investor
  • La Vernia, TX
Replied

Howdy @Jacob Elbaum

Have you tried searching for local REI clubs and meet-up groups. That is a great source of information and networking opportunities.

Use the BP Menu then click on search members. It will give you a list of members near you. You can also click on Networking from the Menu . You can search a zip code or city to find REI clubs and Meet-up groups.

Good luck.

User Stats

34
Posts
7
Votes
Jacob Elbaum
  • Deerfield, IL
7
Votes |
34
Posts
Jacob Elbaum
  • Deerfield, IL
Replied

HeyJohn Leavelle
Super helpful.
Thank you!

User Stats

594
Posts
183
Votes
Scott Matthew C.
Pro Member
  • Real Estate Broker
  • MI
183
Votes |
594
Posts
Scott Matthew C.
Pro Member
  • Real Estate Broker
  • MI
Replied

@Jacob Elbaum you may want to finish out your profile here on BP and perhaps add a picture. Just trying to help. All the best!

  • Scott Matthew C.
  • User Stats

    594
    Posts
    183
    Votes
    Scott Matthew C.
    Pro Member
    • Real Estate Broker
    • MI
    183
    Votes |
    594
    Posts
    Scott Matthew C.
    Pro Member
    • Real Estate Broker
    • MI
    Replied

    @Jacob Elbaum learning the Real Estate Jargon goes a long way, however, understanding how to put the numbers together gets you even closer to the action. Check out Kevin's blog. "

    My First Investment Property, Part 1: Understand the Numbers

    Once you read that head on over to the BiggerPockets Podcast and listen to Podcast 220. I hope this helps. All the best Jacob!

  • Scott Matthew C.
  • User Stats

    34
    Posts
    7
    Votes
    Jacob Elbaum
    • Deerfield, IL
    7
    Votes |
    34
    Posts
    Jacob Elbaum
    • Deerfield, IL
    Replied

    Thank you Scott Matthew Courtney
    Very helpful. I'll check it out

    User Stats

    38
    Posts
    6
    Votes
    Mark Wilton
    • Investor
    • Mount Prospect, IL
    6
    Votes |
    38
    Posts
    Mark Wilton
    • Investor
    • Mount Prospect, IL
    Replied

    Jacob Elbaum let's get together. We're investors doing the BRRR strategy, have SFH, Multi Family and Condos in the Western Suburbs of Chicago. Definitely could use some marketing expertise on the team!

    User Stats

    34
    Posts
    7
    Votes
    Jacob Elbaum
    • Deerfield, IL
    7
    Votes |
    34
    Posts
    Jacob Elbaum
    • Deerfield, IL
    Replied

    Hey Mark, 

    Just sent you a private message. 

    Thanks for reaching out. 

    Such a helpful community!