All Forum Posts by: Scott Dixon

Central Illinois BP Members,

It has been a while since we got together to talk shop and figured better late than never!  

When: Friday Oct 28 @ 5pm

Where: Jupiter's At the Crossing (2511 Village Green Pl, Champaign, IL). We will meet by the main bar from 5:00 - 5:30 as people arrive. After 5:30 we will most likely grab a table or 2 on the East side by the pool tables.

Who: Anyone and Everyone Interested in Investing (regardless of experience)

Format:  This is a completely informal small networking event where you can come and go as you please. If you are new to REI or the area feel free to stop by and meet some of the local investors.

Keywords:

Urbana Savoy Rantoul Danville Mahomet Decatur Bloomington Peoria Tuscola UofI Universityofillinois illini UIUC

@Anthony Hornbeck @Jerry Dengmanivanh @Jeremy Zindel @Tyler Zindars @Jeremy Lamb @Kirby Vandivort @Rob Anderson

Hey @Kenneth Lee 

Yeah, we are well over due for a Champaign / Urbana area BP meetup.  I will put something out there prior to all of us getting busy with the holidays which are fast approaching.  You should see the invite in the next week or so.  Hopefully see you there.  

Hey @Masroor Ahmed,

Sorry for the late reply, did you end up going to the RNNC?  Never been but I do agree it would be a good event to see what is up and coming in the community.

Hey @Chris Aranda

Welcome to BP and congrats on taking action.  I am just down the road (I-74) from you in the Champaign/Urbana area.  Are you focusing in the Bloomington/Normal area or elsewhere?  

Best of Luck,

Scott Dixon 

Central Illinois BP Members,

It has been a while since we got together to talk shop and figured we would start the new year off right! 

When: Friday Jan 22 @ 5pm

Where: Jupiter's At the Crossing (2511 Village Green Pl, Champaign, IL).  We will meet by the main bar from 5:00 - 5:30 as people arrive.  After 5:30 we will most likely grab a table or 2 on the East side by the pool tables.

Who: Anyone and Everyone Interested in Investing (regardless of experience)

Keywords:

Urbana Savoy Rantoul Danville Mahomet Decatur Bloomington Peoria Tuscola UofI Universityofillinois illini UIUC

@Anthony Hornbeck @Tyler Zindars @Jeremy Lamb @Jeremy Zindel @Jerry Dengmanivanh @Account Closed

Hey @Mark Fetzer

Welcome to BP and good to see a another alumni of the University of Illinois on the site.  Are you looking to continue to grow your development and management business or build your own portfolio?  Looks like Core 3 is in Springfield, Peoria, and Bloomington but do you do any business in the Champaign / Urbana areas?  

Best of Luck,

Scott Dixon

Welcome @Jose Perez

Welcome to BP an Real Estate Investing.  Are you looking to invest locally in the Paxton area or are you looking to stretch out to the surrounding markets?  Also are you and your wife focusing on Buy and Hold or Fix and Flip.

Best of Luck,

Scott Dixon 

Hey @Aaron Mikottis

Congrats on taking action and securing your first property.  I actually bought a similar duplex a couple years back which was a American Four Square style property.  I went through a pretty large rehab as well and learned a lot in the process.  Few things I know that were large ticket for me but I didn't see itemized on your spreadsheet for the property:  Electrical, Plumbing, Windows, and Bathroom Pieces.  Are all of these in good condition.

Best of Luck,

Scott Dixon

Hey @Gabe Tongate

Welcome to BP and good to see another central Illinois member getting involved. Currently what types of areas / properties are you focusing your efforts?  I have one property up in the Peoria area which has treated me well but currently focus most of my efforts down in the Champaign / Urbana area.  Curious to see if the reduction in jobs around the Peoria area this year will result in any opportunities to buy quality properties at attractive prices.    

Best of Luck,

Scott Dixon 

Hi @Virginia H.

Similar to many articles on real estate the title is trying to get reads attention by only telling part of the story.  I personally do not know your market but by just poking around a bit, looks like unemployment is still on the decline as shown in the graph below.

Mobile's net migration to the area is still in positive territory with no signs of slipping

Another good link for your local demographics, comments from residents, and city rankings is bestplaces.net which might help in your research of your area.  I would say focusing on building relationships with experience investors and agents in your area would be the best time spent to get the true pulse of your market.  

Best of Luck

Scott Dixon