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All Forum Posts by: Don Colagrossi

Don Colagrossi has started 10 posts and replied 143 times.

Post: Understanding foreclosure auctions better

Don ColagrossiPosted
  • Real Estate Agent
  • Elmhurst, IL
  • Posts 153
  • Votes 36

Didn’t see any signs of “the mob” there.  There were no other bidders on the foreclosure I purchased 

Post: Understanding foreclosure auctions better

Don ColagrossiPosted
  • Real Estate Agent
  • Elmhurst, IL
  • Posts 153
  • Votes 36

Wisconsin, Racine County Sherriffs auction is interesting.  Only the judgement amout is posted. The opening bid is set 3 hours ahead of the auction time and is never online.  One needs to call the Sherriffs Department the day of the auction for the opening bid.  Luckily, I did purchase one property at the foreclosure auction 

Post: Chicago net migration trends

Don ColagrossiPosted
  • Real Estate Agent
  • Elmhurst, IL
  • Posts 153
  • Votes 36

Personally, I quit investing in Illinois.  Tenants have more rights than landlords. Try evicting a bad tenant and it will take many months in Crook County .

Post: Looking for brokerages to wholesale real estate in Illinois

Don ColagrossiPosted
  • Real Estate Agent
  • Elmhurst, IL
  • Posts 153
  • Votes 36

Anthony, I wish you the best in starting your career.  In Illinois, wholesaling is illegal if you do more than 1 transaction in 365 days.  Otherwise, you need an re license. Go to RE investor meetings.  There is an excellent one tomorrow and the 1st Thursday of every month at the Clarion Hotel at 7 pm.

Good luck,

Don Colagrossi

Post: Looking for brokerages to wholesale real estate in Illinois

Don ColagrossiPosted
  • Real Estate Agent
  • Elmhurst, IL
  • Posts 153
  • Votes 36

Anthony, I wish you the best in starting your career.  In Illinois, wholesaling is illegal if you do more than 1 transaction in 365 days.  Otherwise, you need an re license. Go to RE investor meetings.  There is an excellent one tomorrow and the 1st Thursday of every month at the Clarion Hotel at 7 pm.

Good luck,

Don Colagrossi

Post: RE investors meeting

Don ColagrossiPosted
  • Real Estate Agent
  • Elmhurst, IL
  • Posts 153
  • Votes 36

Tonight May 5th,at 6:30 at the Waterford Banquet Center in Elmhurst there will be an real estate investor meeting hosted by WCRT. Topic: proper tenant screening .

Admission is FREE

Don Colagrossi

Post: New in Racine and looking for investments!

Don ColagrossiPosted
  • Real Estate Agent
  • Elmhurst, IL
  • Posts 153
  • Votes 36

Does anyone invest in Burlington  WI ?

Post: Refinancing an investment property in Illinois

Don ColagrossiPosted
  • Real Estate Agent
  • Elmhurst, IL
  • Posts 153
  • Votes 36

Quicken has a decent interest rate,  but very high closing costs.   Its worth it to find a different lender 

Post: Fix and Flip/Buy and Hold opportunities WISCONSIN

Don ColagrossiPosted
  • Real Estate Agent
  • Elmhurst, IL
  • Posts 153
  • Votes 36

Eric,

Any properties in SE Wisconsin?

Let me know if you have any. 

Sincerely, 

Don Colagrossi 

Post: Seeking Referral for Contractors (Chicago)

Don ColagrossiPosted
  • Real Estate Agent
  • Elmhurst, IL
  • Posts 153
  • Votes 36

Hey Nino!

How are you?  Long time no see. 

Hope you are making money!!