All Forum Posts by: Aaron Vaughn

@John Stone Hi John. I pay for lead referrals. Pls connect if interested and I’ll send you the details thx.

@Lamar Robinson I’ve started a referral program as an alternative to wholesaler burnout. Pls connect if interested and I’ll send you the details.

@Tye Harris you can use the building as collateral and secure a rehab loan with no money out of pocket however the rehab lender may ask for reserves to assure monthly payments as well as construction money start up for the construction crews.

In response to this post.Alex entered our program which invests in real estate with no money down. The way this is accomplished is through high interest short term loans. The lenders that issue these loans are aware that clients put up no collateral or down payment, which makes the loans riskier for them. They are also short term. Unlike a 30 or 40 year low interest loan where a lender has a longer period of time to make money. Alex was made aware of these types of loans on our company FAQ.

I have tried to work with Alex on many occasions. To put it nicely, He has acted difficult.He seems to act as if he’s a know it all instead of listening to facts expertise, and reasoning.He also needed an additional partner with  which I connected  him with, Izyk Dudz but has been very uncooperative  with him as well. 

As far as Alex claim that the deed being incorrectly , it’s false. When Alex took on a partner the deed had to be amended to include his new partners interest.

The property can and will cash flow once it’s rehabbed. The problem isn’t the property, it’s Alex.

This all seems to be an attempt to slander my name and I’ve reported this to BiggerPockets. I’d advise anyone to stay away from Alex or suffer the same fate I have.

Hi Indre! Welcome to bigger pockets and congrats on your journey towards financial independence! I’m in Chicago so feel free to reach out if interested.

Newbies! Are you interested in real estate investing but don’t know where to start? Pls join Chicago Action Investors for this free educational event!  we will provide information on how to invest with 100% no money down and walk through an actual real estate project! Hope to see you there!

Great questions Gillian! Rents, especially subsidized rents which make up the majority of rents in class C and D neighborhoods did not go down, nor did the demand. Chicago has long been a city that’s had a housing shortage. as far as evictions are concerned, those folks not in subsidized housing were affected more so than low or no income section 8 renters. 

I sense a concern about moving forward with rentals and I’ll quote Warren Buffet who said when Most become fearful , become greedy!  Use fear as a motivator not something that halts your investing. Hope this helps.

Great questions Gillian! Rents, especially subsidized rents which make up the majority of rents in class C and D neighborhoods did not go down, nor did the demand. Chicago has long been a city that’s had a housing shortage. as far as evictions are concerned, those folks not in subsidized housing were affected more so than low or no income section 8 renters. 

I sense a concern about moving forward with rentals and I’ll quote Warren Buffet who said when some become fearful , become greedy!  Use fear as a motivator not something that halts your investing. Hope this helps.

AriellaI have a suggestion pls connect if interested thx

Fantastic information Ty! I favor multi family rentals over single family because every property experiences a vacancy at one point. You hedge your bets with multi family because the likelihood of all your units being vacant is low.

When a single family property is vacant not only is it not making money, it’s costing you money because of  scheduled monthly costs; water, insurance, utilities, mortgage, property management fees, etc.

Scale up with multi family , it’s the better play.