All Forum Posts by: Eric B.

Thanks George. I think I'm too late for the Chicago meeting you set up, but if you're having another soon, I'd love to attend!

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I would love to participate in any real estate meetup group in Chicago. Because I want to increase my resources and connections. I also want to share some of the resources I have with fellow investors who could use them.

I am a new real estate investor; haven't bought or sold my first house yet. But I do have a mentor, and one of the techniques he advises for the selling side of wholesaling single family houses is bandit signs. He says there is no better way to find buyers.

But here's the thing: does anybody know how well bandit signs work in wholesaling houses on the south and southwest sides of Chicago? I am a Premium Elite Member of MyHouseDeals.com, and have access to tons of buyers, but as far as Chicago is concerned, most of them are interested in Chicago's north side, Chicago suburbs and northwest Indiana.

Keep in mind I haven't tried bandit signs yet. But I do have a hundred of them ready to go in my living room. I guess I'm a little hesitant because if my virtually unlimited list of MyHouseDeals buyers showed very little interest in wholesale deals on the south and southwest sides of Chicago, do I really have good reason to believe bandit signs will work better?

Anyone who can offer me input on the subject will be extremely helpful to me!

No you don't because you're a principle in a wholesaling transaction, not a third party. You're buying and you're selling. The purchase and sale agreement gives you an interest, a right to sell the property. No need of a license for that!