All Forum Posts by: Eugene Naroditskiy

Ryan, you mentioned how driving your farm area is the best method to learning values as well as finding vacant/beat up houses that could possibly be deals. On the issue of learning values, would I have to schedule walk-throughs with realtors in that area? And after that, how would I find out what the houses are actually selling for? This would give me a good grasp of what they're listed for but I don't know that any realtor would want to tell me what the house eventually sells for. Is there anything else I should be doing, on the ground, to help with understanding valus?

Also, you talked about picking a few marketing strategies and doing them consistently for six months. When you say consistently, do you mean weekly, monthly, etc? For example, if I'm targeting probates with direct mail, I'd only be able to that once a month or so. If I'm putting out bandit signs (and in my area, northwest suburbs of chicago, they get taken down pretty quick), I'd only be able to do that once a month as well due to budget issues. So the only thing I could really do weekly would be looking at newspapers for FSBO's and driving the neighborhood. Is there anything else you could suggest that I should do on a weekly, or even daily, basis? Without giving your golden nuggets, of course :D.

Thanks in advance, your posts in previous topics have been very helpful!

Yes, it helps a lot. Thanks so much, Sharon.

This is a great topic and I'm looking at going probates myself. I was wondering, does anyone know how often the courthouses update the probate lists? Should I go get a list every week, every two weeks, etc?

Thanks in advance!

Where would you be able to get a list of "all case sales"? Courthouse records?

Jaremy, when you say transparent, do you mean down to every detail? Do you tell them, straight up, I'm going to forward your house to another investor for a fee?

Great, thanks Tyler!

I don't have much fear of the actual negotiating but I'm a bit apprehensive about how much to reveal to my seller, as far as the intentions of what I'm doing. I absolutely want to be ethical in what I'm doing but I can't imagine many sellers being happy about me making $5,000 off of their house? Do I tell them exactly what I'm trying to accomplish, do I sugar-coat it? Any suggestions on this would be appreciated. Thanks!

So if your end-buyer funds both transactions, how does the mechanics of that work? You agree with end buyer on the total price...he brings that money to closing, hands it to you, waits while you go off and do the A-B transaction, then you come back and do the second closing with him? I'm confused as to how the whole thing would work, and how the end-buyer wouldn't find out your assignment fee?

Jimmy, On my way out of city hall, i wondered why I didn't just make the case to her that I'd be doing the city a favor, as you said, by cleaning up the junkers. Anyway, will do on the city website route. Thanks so much!

Hey Jimmy, I was wondering how you were able to obtain the list of properties with code violations?

I just got home from visiting my local city hall, and was informed that while they do keep a list of properties with code violations, they are only allowed to give out information on specific properties, after I fill out a FOIA form for each. Needless to say, that's not what i need.

Any advice would be appreciated!