All Forum Posts by: Account Closed

Greetings all! 

I am in the process of closing my first REI deal: a SMF 4-unit property in Little Village, Chicago. I would love to connect with others who are interested/invest/live/work/manage properties in this area. Thanks for all the support so far in this process!

Looking forward to connecting with you :)

Anjali

@Crystal Smith thank you for your response! it's very insightful for my situation as I don't have the network, knowledge, or experience my agent has but I want to work with him and I see the value in him being compensated. May I ask, what type of systems do you have to analyze the deals that your clients take advantage of? Or what did you mean by that. Also, do you have a rough figure for the ratio of how many direct mails to how many seller responses to how many offers to how many closings? I'm also in Chicago. Thank you kindly!! 

@Ehsan Rishat @Account Closed thank you for your insight, that clarifies things

Hello all,

I am a newbie investor and have heard a lot about direct mail marketing and building relationships with sellers but how does one go about this when you have a real estate agent?

Thanks in advance for the insight! 

Anjali, Chicago

Thanks, @Jonathan Klemm. I am looking specifically in Little Village area.

Greetings ... I am looking to purchase my first multi family property as a rental buy and hold. Does anyone recommend a Real Estate Agent in the city of Chicago that is geared toward helping investors?

Thank you!

@Bryan L. sounds like a sweet office setup! what kind of fees or commissions does your brokerage require of you?

Okay, so I found this article that speaks that that concern:

https://www.fha.com/fha_article?id=904.

Any additional insight would be appreciated! :)

Greetings-

I am beginning to explore what my options are in real estate investing and am reading up on FHA Loans. In regards to the Borrowers' front-end ratio, does that figure not take into account the rent cash flow that would be coming from the additional units?